Valentina Georgescu Sells Miami Gardens Retail Property For $15M With Encore Real Estate Investment Services
3791 Northwest 167th Street, Miami Gardens, Florida 33054, United States
$15,000,000
$248/SF
Building Size
60,387 SF
Asset Type
Retail
Closing
Jun 23, 2022
About this deal
AI
Located at 3791-3799 NW 167th St in Miami Gardens, this retail property recently sold for $15,000,000. The property spans 60,387 square feet with a price per square foot of $248.40.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $15,000,000
- Address: 3791-3799 NW 167th St, Miami Gardens
- Market: Miami Gardens
- Seller: Valentina Georgescu
- Brokers: Brandon Hanna, Deno Bistolarides, Ryan Vinco & Brent Hanna - Encore Real Estate Investment Services
The deal was facilitated by Brandon Hanna, Deno Bistolarides, Ryan Vinco, and Brent Hanna from Encore Real Estate Investment Services. This successful transaction not only showcases the expertise of these brokers but also highlights the strong demand for retail assets in Miami Gardens.
On the Map
$15,000,000
$248/SF
Retail
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Players
Opa Locka 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93