Brookfield Properties Acquires Industrial Property In Doral For $8.5M
2105 Northwest 102nd Avenue, Doral, FL, USA
$8,462,500
$136/SF
Building Size
62,000 SF
Asset Type
Industrial
Closing
Nov 14, 2020
AI
A 62,000 square foot industrial property located at 2105 Northwest 102nd Avenue in Doral has been sold for $8,462,500. The transaction took place on November 15, 2020. The property was acquired by Brookfield Properties from the seller, World Famous Partnership, Ltd. The deal was facilitated by Gabriel Garcia-Menocal of NAI Miami.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,462,500
- Address: 2105 Northwest 102nd Avenue, Doral
- Market: Doral
Gabriel Garcia-Menocal of NAI Miami represented the buyer, Brookfield Properties, in this industrial property transaction.
Players
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93