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10285 Northwest 12th Street...

Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami,FL From William Lehman Jr For $18.6M
SOLDRetail

Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami,FL From William Lehman Jr For $18.6M

10285 Northwest 12th Street, Doral, Florida 33172, United States

$18,646,533

$458/SF

Building Size

40,654 SF

Asset Type

Retail

Closing

Jul 4, 2022

AI

The automotive property located at 10285 NW 12th St in Miami, FL was sold on July 5, 2022. The transaction involved a sale price of $18,646,533 for a total of 40,654 square feet, resulting in a price per square foot of $458. The buyer of the property was Bryan B. Deboer & Christopher S Holzshu, while the seller was William Lehman Jr.

Summary of transaction details

  • Property Type: Automotive
  • Transaction Amount: $18,646,533
  • Address: 10285 NW 12th St, Miami,FL
  • Market: Miami, FL
  • Buyer: Bryan B. Deboer & Christopher S Holzshu
  • Seller: William Lehman Jr
  • Square Footage: 40,654
  • Price per Square Foot: $458

Bryan B. Deboer & Christopher S Holzshu were the buyers of the automotive property located at 10285 NW 12th St in Miami, FL, while William Lehman Jr acted as the seller. This transaction showcases the involvement of key individuals in the deal.

Players

Bryan B. Deboer

Buyer

$119.4M

vol

7 deals

Buyer

William Lehman Jr

Seller

$61.7M

vol

5 deals

Seller

Doral Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.85%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93