facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Retail

/

Lease

/

2090 Northwest 107th Avenue

Delta Bay Leases Retail Space To Make Way For Health Medical Center At Doral Pointe Shopping Center
LEASEDRetail

Delta Bay Leases Retail Space To Make Way For Health Medical Center At Doral Pointe Shopping Center

2090 Northwest 107th Avenue

$12

$12/SF

Building Size

18,276 SF

Asset Type

Retail

Closing

Apr 14, 2025

AI

A 3,500 SF freestanding former Wells Fargo bank with a drive-thru has been leased within an 18,276 SF hard-corner lot at 2090 Northwest 107th Avenue, Doral Pointe Shopping Center, Doral. The asking rent for this retail asset was set at $12 per square foot. The lease carries a term of 10 years with options available and falls under a single net lease type.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12/ft
  • Square Footage: 3,500 SF
  • Address: 2090 Northwest 107th Avenue - Doral Pointe Shopping Center
  • Market: Doral
  • Landlord: Delta Bay
  • Tenant: Make Way For Health Medical Center
  • Landlord's Representative: Arnaldo Cantero III, Founder, and Managing Broker - C-3 Commercial Real Estate Advisory
  • Lease Term: 10 Years, Plus Options
  • Lease Type: Single Net Lease

Arnaldo Cantero III of C-3 Commercial Real Estate Advisory played a crucial role in this transaction, showcasing his expertise in retail leasing and strategic advisory services. C-3 specializes in assisting developers, owners, and investors in optimizing the value of retail properties throughout South Florida, which includes leasing standalone buildings and mixed-use assets. Additionally, a 7,300 SF freestanding retail building at Doral Point is set to become available for lease shortly.

Players

Arnaldo Cantero III
Verified Badge

Arnaldo Cantero III

C-3 Commercial Real Estate Advisory

Broker

$26.4M

vol

9 deals

Broker

Sweetwater Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1321916.67%

Cash-on-Cash

-377807.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93