Updated Oct 29, 2024
Planet Cellular Inc. Acquires Industrial Property In Doral For $4.4M
8788 Northwest 15th Street, Doral, FL, USA
$4,400,000
$146/SF
Building Size
30,000 SF
Asset Type
Industrial
Closing
Mar 15, 2021
About this deal
AI
Planet Cellular Inc. has acquired an industrial property in Doral, located at 8788 NW 15 Street. The transaction took place on March 16, 2021. The property spans 30,000 square feet and is valued at $147 per square foot. The total sale price for the property was $4,400,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,400,000
- Address: 8788 NW 15 Street, Doral
- Market: Doral
Daniel P. Cook of Cook Commercial Realty, Inc. represented the buyer, Planet Cellular Inc., in this transaction.
On the Map
$4,400,000
$146/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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93