Updated Oct 29, 2024
Panda Kitchen & Bath Acquires Industrial Property In Doral For $6.5M
7800 NW 34th St, Miami, FL 33122, USA
$6,500,000
$3/SF
Building Size
1,829,520 SF
Asset Type
Industrial
Closing
Sep 20, 2020
About this deal
AI
The industrial property located at 7800 Northwest 34th Street in Doral has been sold in a closed transaction. The property spans across 182,952 square feet and was sold at a price of $6,500,000, resulting in a price per square foot of $35.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Square Footage: 182,952
- Price per Square Foot: $35
- Address: 7800 Northwest 34th Street, Doral
- Market: Doral
The buyer of the property is Panda Kitchen & Bath, while the sellers are Warehouse Management represented by Enrique & Teresa Luaces and Loreno Luaces Jr. The buyer was represented by Francisco Giron from Jacog Commercial, and the seller was represented by Manny Chamizo II.
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93