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

Property Image
SOLD
$5,100,000
Eric Torrente
Vishal Parvani

Florida

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Industrial14,110 SF
Sold 10/20/2025
the dealplayerscompscontact
Property Image
SOLD

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

1890 Northwest 97th Avenue

See Similar Deals
Industrial14,110 SF
Sold 10/20/2025
Eric Torrente
Vishal Parvani
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$361
Total Square Footage:14,110 SF
Transaction Type:Sale

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
Eric Torrente
3 deals$8.6M volume(305) 562-7445
BROKER
Vishal Parvani
Parvani Commercial Group
Vishal Parvani
2 deals$5.1M volume(305) 477-2084
BROKER
Parvani Commercial Group
Parvani Commercial Group
BROKERAGE
The Estate Companies
The Estate Companies
BUYER

Details

SOLD
IMAGE: Eric Torrente & Vishal Parvani DATE: 10/20/2025 ADDRESS: 1890 Northwest 97th Avenue MARKET: Doral ASSET TYPE: Industrial BUYER: The Estate Companies (@TheEstateCompanies) SELLER: Best Office Systems International BUYER'S REP: Eric Torrente (@Torrente.Eric) - Compass (@Compass) SELLER'S REP: Vishal Parvani (@Captainvish) - Parvani Commercial Group (ParvaniCommercial) SALE PRICE: $5,100,000 SF: 14,110 ~ PPSF: $361

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$271,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22