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21200 Northwest 2nd Avenue,...

Updated Dec 18, 2023

Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami, FL For $11.7M
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

About this deal

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.

On the Map

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$11,721,579

$299/SF

Retail

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Players

Bryan B. Deboer

Buyer

$119.4M

vol

7 deals

Buyer

William Lehman Jr

Seller

$61.7M

vol

5 deals

Seller
Bilt advertisement

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $299 per square foot on a published $11.7M for 39,127 square feet (2022).

Visit William Lehman Jr to view all their deals.

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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

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