Goat Capital And Triarch Capital Group Acquire Retail Property In North Miami For $1.26M
SOLD
$1,265,000
+ 1
Florida
See Similar DealsRetail1,804 SF
Sold 11/30/2020
SOLD
Goat Capital And Triarch Capital Group Acquire Retail Property In North Miami For $1.26M
12600 Biscayne Boulevard, North Miami, FL, USA
See Similar DealsRetail1,804 SF
Sold 11/30/2020
+ 1
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$701
Total Square Footage:1,804 SF
Transaction Type:Sale
The retail property located at 12600 Biscayne Boulevard in North Miami has been sold for a price of $1,265,000. The property spans 1,804 square feet, resulting in a price per square foot of approximately $701. The transaction took place on November 30, 2020.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $1,265,000
- Square Footage: 1,804
- Price per Square Foot: $701
- Address: 12600 Biscayne Boulevard, North Miami
- Market: North Miami
The buyer of the property is Goat Capital and Triarch Capital Group, represented by Stefan Grosfeld. On the other hand, the seller is 12600 Biscayne Blvd. The buyer was represented by Jose Sasson-Lerner from Axiom Capital Advisors, while the seller was represented by Emily Brais and Michael Fay from Avison Young.
For more off-market deals and further information, interested parties can reach out to Jose Sasson-Lerner at 786-393-8089 or via email at [email protected].
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,466.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,494.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,996.75
Annual Debt Service$71,960.94
Is there something missing? Send suggestions