Stratwell Represents Both Buyer And Seller In $1.8M Opa Locka Retail Sale
1238 Ali Baba Ave Opa-locka, FL 33054, USA
$1,800,000
$368/SF
Building Size
4,885 SF
Asset Type
Retail
Closing
Jul 21, 2023
About this deal
AI
The property involved in this transaction is a retail asset located at 1238-1290 Ali Baba Avenue in Opa Locka. It spans a total of 4,885 square feet. The sale price for this property was $1,800,000, resulting in a price per square foot of $368.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,800,000
- Address: 1238-1290 Ali Baba Avenue, Opa Locka
- Market: Opa Locka
- Size: 4,885 SF
- Broker: Isael Prieto & Eddie Blanco - Stratwell
Isael Prieto and Eddie Blanco from Stratwell represented both the buyer and the seller in this transaction. Their expertise and negotiation skills contributed to a win-win scenario for all parties involved.
The success of this transaction is attributed to the collaboration and efforts of all the parties involved. Their dedication and hard work ensured a smooth and successful deal.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Isael Prieto to view all their deals.
Browse Miami retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93