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1890 Northwest 97th Avenue

The Estate Companies Purchases Industrial Property From Best Office Systems International For $5.1M
SOLDIndustrial

The Estate Companies Purchases Industrial Property From Best Office Systems International For $5.1M

1890 Northwest 97th Avenue

$5,100,000

$361/SF

Building Size

14,110 SF

Asset Type

Industrial

Closing

Oct 19, 2025

AI

The property asset involved in this transaction is an industrial facility located at 1890 Northwest 97th Avenue in the Doral market. The sale price of the property was $5,100,000, with a total square footage of 14,110 and a price per square foot of $361.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,100,000
  • Address: 1890 Northwest 97th Avenue
  • Market: Doral
  • Square Footage: 14,110
  • Price per Square Foot: $361
  • Buyer: The Estate Companies
  • Seller: Best Office Systems International
  • Buyer's Representative: Eric Torrente - Compass
  • Seller's Representative: Vishal Parvani - Parvani Commercial Group (ParvaniCommercial)

The transaction was facilitated by Eric Torrente, representing The Estate Companies, and Vishal Parvani, representing Best Office Systems International. Their roles were pivotal in bringing together the buyer and seller in this industrial property deal.

Players

Eric Torrente

Compass

Broker

$8.6M

vol

3 deals

Broker
Parvani Commercial Group
Parvani Commercial Group Brokerage
The Estate Companies
The Estate CompaniesBuyer

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

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93