Tomas Pequeno Acquires Retail Property In Miami For $2.48M
SOLD
$2,481,562
Florida
See Similar DealsRetail3,207 SF
Sold 11/14/2023
SOLD
Tomas Pequeno Acquires Retail Property In Miami For $2.48M
10705 West Flagler Street
See Similar DealsRetail3,207 SF
Sold 11/14/2023
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$773
Total Square Footage:3,207 SF
Transaction Type:Sale
The retail property located at 10705 West Flagler Street in Miami has been sold in a transaction. The property spans 3,207 square feet and was sold for a price of $2,481,562, which was the same as the asking price. The property has a capitalization rate of 5.25%.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,481,562
- Address: 10705 West Flagler Street
- Market: Miami
The buyer of the property is Tomas Pequeno, while Ana C. and Juan Aguiar are the sellers. Jonathan De LaRosa from Marcus & Millichap represented the buyer, and Kevin Yaryan from SRS Real Estate Partners represented the sellers in this deal.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$132,349.97
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,816.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,763.87
Annual Debt Service$141,166.44
Is there something missing? Send suggestions