Lance Lazarus Acquires Retail Property In Medley From Yuval Amiel For $33 Million
12200 Northwest South River Drive
$33,000,000
$4,351/SF
Building Size
7,584 SF
Asset Type
Retail
Closing
Jul 17, 2026
AI
Lance Lazarus acquired a retail property in Medley, Florida, consisting of 7,584 square feet. The property is located at 12200 Northwest South River Drive and was purchased for a transaction amount of $33 million, resulting in a price per square foot of $4,351. The sale was finalized on July 17, 2026.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $33,000,000
- Address: 12200 Northwest South River Drive
- Market: Medley
- Square Footage: 7,584
- Price Per Square Foot: $4,351
- Buyer: Lance Lazarus
- Seller: Yuval Amiel
- Sale Date: 07/17/2026
This transaction involved Lance Lazarus as the buyer and Yuval Amiel as the seller. The representation details of the brokers involved were not disclosed in the provided context.
Players
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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93