facebook
Traded Co logo
Submit

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

Property Image
SOLD
$17,100,000
Francisco Giron
Stefan Grosfeld

Florida

See Similar Deals
Retail33,098 SF
Sold 03/17/2023
the dealplayerscompscontact
Property Image
SOLD

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

10355 Northwest 41st Street

See Similar Deals
Retail33,098 SF
Sold 03/17/2023
Francisco Giron
Stefan Grosfeld
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$516
Total Square Footage:33,098 SF
Transaction Type:Sale

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
Francisco Giron
6 deals$50.5M volume
BROKER
Stefan Grosfeld
Stefan Grosfeld
11 deals$152.3M volume
BUYER

Details

SOLD
IMAGE: Francisco Giron & Stefan Grosfeld DATE: 03/17/2023 ADDRESS: 10355 Northwest 41st Street MARKET: Doral ASSET TYPE: Retail BUYER: Triarch Capital Group - Stefan Grosfeld BUYER'S REP: Francisco Giron - JACOG Advisors SALE PRICE: $17,100,000 SF: 33,098 ~ PPSF: $517 NOTE'S FROM BUYER'S REP: JACOG Advisors represented the buyer Triarch Investment Group on the acquisition of two retail folios in the city of Doral.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$912,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$60,752.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$81,062.72
Annual Debt Service$972,752.69