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3750 NW 87th Ave Doral, FL ...

Maria Bunuel Acquires Retail Property In Doral For $7.25M With Seller's Rep Greg Matus & Adam Tiktin
SOLDRetail

Maria Bunuel Acquires Retail Property In Doral For $7.25M With Seller's Rep Greg Matus & Adam Tiktin

3750 NW 87th Ave Doral, FL 33178, USA

$7,250,000

$486/SF

Building Size

14,900 SF

Asset Type

Retail

Closing

Mar 21, 2023

AI

The retail property located at 3750 Northwest 87th Avenue in Doral has been sold in a closed transaction. The property spans 14,900 square feet and was sold for a total price of $7,250,000, resulting in a price per square foot of $487. The sale took place on March 21, 2023.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $7,250,000
  • Square Feet: 14,900
  • Price Per Square Foot: $487
  • Address: 3750 Northwest 87th Avenue, Doral
  • Market: Doral

Maria Bunuel is the buyer of the property, while Julie Sieracki is the seller. The seller was represented by Greg Matus and Adam Tiktin from Franklin Street. The transaction involved these key individuals and companies, highlighting the roles they played in the deal.

Players

Adam Tiktin

Franklin Street

Broker

$261.4M

vol

20 deals

Broker

Maria V. Bunuel

Buyer

$13.1M

vol

2 deals

Buyer

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

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93