Maximo Alvarez Of Sunshine Gasoline Distributors Acquires Retail Property In Miami Gardens For $5.4M
20696 Northwest 27th Avenue
$5,400,000
$383/SF
Building Size
14,091 SF
Asset Type
Retail
Closing
Oct 22, 2026
About this deal
AI
Sunshine Gasoline Distributors, Inc. acquired a retail property located at 20696 Northwest 27th Avenue in Miami Gardens. The transaction was completed on October 22, 2026, for a total of $5.4 million, resulting in a price per square foot of $383 for the 14,091-square-foot commercial asset.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,400,000
- Address: 20696 Northwest 27th Avenue
- Market: Miami Gardens
- Square Footage: 14,091
- Price per Square Foot: $383
- Buyer: Maximo Alvarez - Sunshine Gasoline Distributors, Inc
- Seller: Natalie Morhous - RaceTrac
- Date of Transaction: October 22, 2026
Maximo Alvarez represented Sunshine Gasoline Distributors, Inc. in this transaction, while Natalie Morhous represented RaceTrac as the seller in the deal.
On the Map
$5,400,000
$383/SF
Retail
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Players
MIAMI GARDENS 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93