Autozone Sells Retail Property At 17520 South Dixie Highway In Miami For $1.936M
17520 South Dixie Highway
$1,936,000
$251/SF
Building Size
7,696 SF
Asset Type
Retail
Closing
Dec 19, 2024
AI
The asset involved in this transaction is a retail property located at 17520 South Dixie Highway in Miami. The sale price is $1,936,000, and the property encompasses a total of 7,696 square feet, which equates to a price per square foot of $251.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,936,000
- Address: 17520 South Dixie Highway
- Market: Miami
- Square Footage: 7,696
- Price Per Square Foot: $251
- Seller: Autozone
- Broker: Eduardo Toledo, Jonathan de la Rosa & Arnold Sevell - Sevell Realty Partners Inc
Key individuals involved in the deal include brokers Eduardo Toledo, Jonathan de la Rosa, and Arnold Sevell, who represented the seller, Autozone, through Sevell Realty Partners Inc. Their roles facilitated the successful transaction of this retail property in the Miami market.
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
8.19%
Cash-on-Cash
-2.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93