Scott Davidson Acquires Store In Miami, FL From Mirella M. LaSalle For $5.5M
2341 Le Jeune Road, Miami, Florida 33134
$5,500,000
$597/SF
Building Size
9,213 SF
Asset Type
Retail
Closing
Jul 5, 2022
About this deal
AI
A store located at 2341 Le Jeune Rd in Miami, FL has been sold for $5,500,000. The property spans 9,213 square feet, resulting in a price per square foot of $596.
Summary of transaction details:
- Property Type: Store
- Transaction Amount: $5,500,000
- Address: 2341 Le Jeune Rd, Miami, FL
- Market: Miami, FL
- Buyer: Scott Davidson
- Seller: Mirella M. LaSalle
- Size: 9,213 square feet
- Price per Square Foot: $596
Scott Davidson successfully acquired the store from the seller, Mirella M. LaSalle.
The retail sale at 2341 Le Jeune Road, Miami, Florida 33134 in Miami, Florida sold for $5.5M in 2022. The building is 9,213 square feet, implying about 597 per square foot on the published price. This page is the Miami, Florida file for the 2341 Le Jeune Road, Miami, Florida 33134 retail sold: pricing, party profiles, and other closed retail comps from the same Miami sit in the Market section below. Filter that Miami retail set by closing date to see what else sold near 2341 Le Jeune Road, Miami, Florida 33134 around 2022. Published consideration for 2341 Le Jeune Road, Miami, Florida 33134 is $5.5M, dated 2022. Cite this Scott Davidson Acquires Store In Miami, FL From Mirella M. LaSalle For $5.5M sale when underwriting similar retail product around Miami, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93