Americo D'Agostini Acquires Retail Property In Doral For $57M
11402 Northwest 41st Street, Doral, Florida 33178, United States
$57,000,000
$504,424/SF
Building Size
113 SF
Asset Type
Retail
Closing
Nov 30, 2022
AI
Located in Doral, the retail property at 11402 NW 41st St has recently been sold for $57,000,000. The transaction took place on November 30, 2022. Spanning across 113,354 square feet, the property was purchased by Americo D'Agostini. The sale price amounted to $503 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $57,000,000
- Date: 11/30/2022
- Address: 11402 NW 41st St
- Market: Doral
- Buyer: Americo D'Agostini
The sale of this retail property was facilitated by Scott Sandelin and Eddie Romo from the Marcus & Millichap agency, who represented Americo D'Agostini as the buyer in this transaction. The property offers a significant investment opportunity in the thriving Doral market.
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
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93