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
About this deal
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.
On the Map
$17,100,000
$516/SF
Retail
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Players
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93