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11035 Southwest 40th Street

Game Properties Acquires Retail Asset At 11035 Southwest 40th Street For $5.9M
SOLDRetail

Game Properties Acquires Retail Asset At 11035 Southwest 40th Street For $5.9M

11035 Southwest 40th Street

$5,900,000

$634/SF

Building Size

9,298 SF

Asset Type

Retail

Closing

Jan 21, 2026

AI

The property asset involved in the transaction is located at 11035 Southwest 40th Street in Miami. This retail asset comprises a total square footage of 9,298, and the transaction occurred at a price of $5,900,000, which equates to a price per square foot of $634.

Summary of transaction details:

The key individuals involved in the deal are Karina and Katrina Garcia who are the buyers representing Game Properties. The transaction was brokered by Jonathan De La Rosa, Eduardo Toledo, and Nicholas Hassan from Marcus & Millichap, highlighting the collaborative effort of these professionals in facilitating the retail property sale.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Miami 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

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93