CBRE Sells Industrial Property In Doral For $3.75M With Buyer's Rep Hector Cataño - Cornerstone International Realty
SOLD
Florida
See Similar DealsIndustrial22,105 SF
Sold 06/09/2020
SOLD
CBRE Sells Industrial Property In Doral For $3.75M With Buyer's Rep Hector Cataño - Cornerstone International Realty
10890 Northwest 30th Street, Doral, FL 33172, USA
See Similar DealsIndustrial22,105 SF
Sold 06/09/2020
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$169
Total Square Footage:22,105 SF
Transaction Type:Sale
The industrial property located at 10890 NW 30th Street in Doral was recently sold for $3,750,000. The property spans a total of 22,105 square feet, resulting in a price per square foot of $170.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,750,000
- Address: 10890 NW 30th Street, Doral
- Market: Doral
- Buyer's Representative: Hector Cataño - Cornerstone International Realty
- Seller's Representatives: Devin White and Andrew Fernandez - CBRE
Hector Cataño from Cornerstone International Realty represented the buyer in the transaction, while Devin White and Andrew Fernandez from CBRE represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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