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Autozone Sells Retail Property At 17520 South Dixie Highway In Miami For $1.936M

Property Image
SOLD
$1,936,000
Arnold Sevell

Florida

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Retail7,696 SF
Sold 12/19/2024
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Property Image
SOLD

Autozone Sells Retail Property At 17520 South Dixie Highway In Miami For $1.936M

17520 South Dixie Highway

See Similar Deals
Retail7,696 SF
Sold 12/19/2024
Arnold Sevell
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$251
Total Square Footage:7,696 SF
Transaction Type:Sale

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:

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

Jonathan De La Rosa
140 deals$624.6M volume(786) 522-7027
BROKER

Arnold Sevell
Sevell Realty Partners
1 deal$1.9M volume(561) 866-9200
BROKER

Details

SOLD
IMAGE: Pedro Camejo, Jonathan De La Rosa & Eduardo Toledo DATE: 12/19/2024 ADDRESS: 17520 South Dixie Highway MARKET: Miami ASSET TYPE: Retail SELLER: Autozone BROKER: Eduardo Toledo, Jonathan de la Rosa & Arnold Sevell - Sevell Realty Partners Inc SALE PRICE: $1,936,000 SF: 7,696 ~ PPSF: $251

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,253.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,878.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,177.63
Annual Debt Service$110,131.53