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10355 Northwest 41st Street

Triarch Capital Group Acquires Retail Property In Doral For $17.1M
SOLDRetail

Triarch Capital Group Acquires Retail Property In Doral For $17.1M

10355 Northwest 41st Street

$17,100,000

$516/SF

Building Size

33,098 SF

Asset Type

Retail

Closing

Mar 17, 2023

AI

The retail property located at 10355 Northwest 41st Street in Doral has been sold for a total of $17,100,000. The property spans over 33,098 square feet, with a price per square foot of $517.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $17,100,000
  • Address: 10355 Northwest 41st Street, Doral
  • Market: Doral

Triarch Capital Group, represented by Stefan Grosfeld, has acquired the retail property. The buyer was advised by Francisco Giron from JACOG Advisors. JACOG Advisors represented the buyer, Triarch Investment Group, throughout the acquisition of two retail folios in the city of Doral.

Players

Francisco Giron

Vivo Real Estate Group

Broker

$50.5M

vol

6 deals

Broker
Stefan Grosfeld

Stefan Grosfeld

Triarch Capital Group

Buyer

$152.3M

vol

11 deals

Buyer

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93