Abdiel Lopez, Kyle Lopez & Yida Alfonso Lopez Purchase Retail Asset In Doral For $9.7M
3655 Northwest 107th Avenue
$9,700,000
$633/SF
Building Size
15,314 SF
Asset Type
Retail
Closing
Jan 9, 2025
AI
The retail property located at 3655 Northwest 107th Avenue in Doral has a sale price of $9,700,000. The property encompasses an area of 15,314 square feet, resulting in a price per square foot of $633.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,700,000
- Address: 3655 Northwest 107th Avenue
- Market: Doral
- Square Footage: 15,314
- Price per Square Foot: $633
- Buyer: Abdiel Lopez, Kyle Lopez & Yida Alfonso Lopez
- Seller: Benito Irastorza, Jean Paul Irastorza, Christian Irastorza
- Brokers: Scott Sandelin & Edward Romo - Marcus & Millichap
The transaction features Abdiel Lopez, Kyle Lopez, and Yida Alfonso Lopez as the buyers, while the sellers are Benito Irastorza, Jean Paul Irastorza, and Christian Irastorza. The brokerage representation in this deal is provided by Scott Sandelin and Edward Romo from Marcus & Millichap.
Players
Doral Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93