Island Associates - Roger DeLisle Acquires Miami Gardens Retail Property From Peleg Group For $14.5M
17237 NW 27th Ave, Miami Gardens, FL 33056, USA
$14,500,000
$154/SF
Building Size
94,000 SF
Asset Type
Retail
Closing
Aug 11, 2020
About this deal
AI
The retail property located at 17237 NorthWest 27th Avenue in Miami Gardens has been sold for $14,500,000. The property spans 94,000 square feet and was sold at a price per square foot of $154.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,500,000
The seller of the property was Peleg Group, while the buyer was Island Associates represented by Roger DeLisle. The transaction was facilitated by broker Jason Yukins from Marcus & Millichap.
The retail sale at 17237 NW 27th Ave, Miami Gardens, FL 33056, USA in Miami Gardens, Florida sold for $14.5M in 2020. The building is 94,000 square feet, implying about 154 per square foot on the published price. Jason Yukins, Roger DeLisle, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Miami Gardens, Florida file for the 17237 NW 27th Ave, Miami Gardens, FL 33056, USA retail sold: pricing, party profiles, and other closed retail comps from the same Miami Gardens sit in the Market section below. Filter that Miami Gardens retail set by closing date to see what else sold near 17237 NW 27th Ave, Miami Gardens, FL 33056, USA around 2020. Published consideration for 17237 NW 27th Ave, Miami Gardens, FL 33056, USA is $14.5M, dated 2020. Cite this Island Associates - Roger DeLisle Acquires Miami Gardens Retail Property From Peleg Group For $14.5M sale when underwriting similar retail product around Miami Gardens, Florida.
Players
Miami Gardens Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Roger DeLisle to view all their deals.
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93