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
About this deal
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