Juan Carlos Oliva Acquires Retail Property From Matthew Moyal In Miami Springs Transaction
$9,200,000
$368/SF
Building Size
25,000 SF
Asset Type
Retail
Closing
Feb 29, 2024
AI
The property located at 3600 Lejeune Road in Miami Springs, a retail asset, was sold for $9,200,000. The property spans 25,000 square feet, resulting in a price per square foot of $368.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,200,000
- Address: 3600 Lejeune Road
- Market: Miami Springs
Juan Carlos Oliva was the buyer in this transaction, and Matthew Moyal was the seller. The buyer's representative was Jorge Ruiz from Premier Properties, while the seller was represented by Scott Sandelin from Marcus & Millichap.
Players
Market 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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93