CJ Weber Sells Office Asset At 2495 Northwest 35th Avenue Miami For $3.3 Million
2495 Northwest 35th Avenue
$3,300,000
$666/SF
Building Size
4,952 SF
Asset Type
Office
Closing
Sep 29, 2025
AI
The property asset involved in the transaction is an office located at 2495 Northwest 35th Avenue in Miami. This asset was sold for $3,300,000, encompassing a total square footage of 4,952, which equates to a price per square foot of $666.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $3,300,000
- Address: 2495 Northwest 35th Avenue
- Market: Miami
- Square Footage: 4,952
- Price per Square Foot: $666
- Seller: CJ Weber
- Brokers: Aaron O'Connor, Joseph Thomas & Brian Rosen - Marcus & Millichap
- 1031 Qualified Intermediary: Deferred
The transaction was facilitated by brokers Aaron O'Connor, Joseph Thomas, and Brian Rosen from Marcus & Millichap, who represented the seller, CJ Weber. The deal was part of a 1031 exchange process, utilizing Deferred as the qualified intermediary.
Players
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93