Updated Dec 4, 2024
Estrella Medical Services Leases Medical Office In Doral For 5 Years At $45/ft
10305 Northwest 41st Street
$45
$45/SF
Building Size
3,521 SF
Asset Type
Medical Office
Closing
Mar 11, 2024
About this deal
AI
The medical office located at 10305 Northwest 41st Street Suite 227 in Doral, with a total square footage of 3,521, was leased under a Full-Service Gross agreement. The lease, facilitated by TMT Commercial | KW Capital Realty brokers Alfred Munoz and Sheena Santiago, involved YY Properties as the landlord and Estrella Medical Services as the tenant.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not disclosed
- Landlord: YY Properties - Eva Aleman
- Tenant: Estrella Medical Services
- Brokers: Alfred Munoz & Sheena Santiago - TMT Commercial | KW Capital Realty
- Address: 10305 Northwest 41st Street Suite 227
- Market: Doral
- Asking Rent: $45/ft
- Lease Term: 5 Years
Sheena Santiago and Alfred Munoz of TMT Commercial | KW Capital Realty effectively represented both the landlord, Eva Aleman of YY Properties, and the tenant, Estrella Medical Services, in this 5-year Full-Service Gross lease agreement.
Players
Doral Medical Office Market Snapshot
Boundary boundary · Medical Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93