American Tower Corporation Acquires Industrial Property In Doral For $34M
2100 Northwest 84th Avenue, Doral, Florida 33122, United States
$34,000,000
$246/SF
Building Size
137,938 SF
Asset Type
Industrial
Closing
Sep 22, 2022
AI
The industrial property located at 2100 NW 84th Street in Doral has been sold for a price of $34,000,000. The property spans approximately 137,938 square feet, resulting in a price per square foot of $246. The sale was completed on September 23, 2022, and the buyer in this transaction was American Tower Corporation. The seller of the property was Baptist Health South Florida, represented by Brian E. Keeley.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $34,000,000
- Square Footage: 137,938
- Price per Square Foot: $246
- Address: 2100 NW 84th Street, Doral
- Market: Doral
Brian E. Keeley represented Baptist Health South Florida in this sale transaction. American Tower Corporation acted as the buyer in this deal for the industrial property in Doral. This transaction took place on September 23, 2022. Overall, it represents a significant transaction in the industrial property market in Doral.
Players
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93