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2495 Northwest 35th Avenue

CJ Weber Sells Office Asset At 2495 Northwest 35th Avenue Miami For $3.3 Million
SOLDOffice

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

Joseph Thomas

Marcus & Millichap

Broker

$372.9M

vol

53 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
Deferred
DeferredLender

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