SOLDRetail
Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami, FL For $11.7M
21200 Northwest 2nd Avenue, Miami, Florida 33169, United States
$11,721,579
$299/SF
Building Size
39,127 SF
Asset Type
Retail
Closing
Jul 4, 2022
AI
An automotive property located at 21200 NW 2nd Ave in Miami, FL was recently sold for $11,721,579. The property spans 39,127 square feet, resulting in a price per square foot of $299.58.
Summary of transaction details
- Property Type: Automotive
- Transaction Amount: $11,721,579
- Address: 21200 NW 2nd Ave, Miami, FL
- Market: Miami, FL
- Buyer: Bryan B. Deboer & Christopher S Holzshu
- Seller: William Lehman Jr
Bryan B. Deboer and Christopher S Holzshu were the buyers of this automotive property. The seller was William Lehman Jr.
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
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93