Updated Dec 21, 2023
Hector Cataño's Cornerstone_IR Facilitates $8.4M Industrial Sale In Doral
3500 Northwest 114th Avenue, Doral, FL, USA
$8,400,500
$155/SF
Building Size
54,139 SF
Asset Type
Industrial
Closing
Jun 17, 2021
About this deal
AI
The industrial property located at 3500 and 3508 NW 114th Avenue in Doral has been sold for a price of $8,400,500. The transaction took place on June 18, 2021. The property spans 54,139 square feet, resulting in a price per square foot of $155.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $8,400,500
- Square Footage: 54,139
- Price per Square Foot: $155
- Address: 3500 and 3508 NW 114th Avenue, Doral
- Market: Doral
Hector Cataño of Cornerstone_IR represented the broker in this sale.
On the Map
$8,400,500
$155/SF
Industrial
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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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93