Benito Irastorza & JP Irastorza Sell Retail Property In Doral For $11M
3887 Northwest 107th Avenue, Doral, Florida 33178, United States
$11,000,000
$789/SF
Building Size
13,925 SF
Asset Type
Retail
Closing
Apr 12, 2022
AI
A retail property located at 3887 NW 107th Ave in Doral has been sold for $11,000,000. The property spans an area of 13,925 square feet, resulting in a price per square foot of $790.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,000,000
- Address: 3887 NW 107th Ave
- Market: Doral
The seller of the property was Benito Irastorza & JP Irastorza. The sale was facilitated by brokers Scott Sandelin and Eddie Romo from Marcus & Millichap, as well as Kristina Fillppone from First City Realty Partners.
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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93