RNL El Car Wash Owner LLC Purchases Retail Property From S. Truett Cathy For $4.55M
3995 Northwest 107th Avenue
$4,550,000
$1,334/SF
Building Size
3,409 SF
Asset Type
Retail
Closing
Jul 28, 2026
About this deal
AI
The property involved in the transaction is a retail asset located at 3995 Northwest 107th Avenue in Doral. It encompasses a total area of 3,409 square feet and was sold for $4,550,000, equating to a price per square foot of $1,335.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,550,000
- Address: 3995 Northwest 107th Avenue
- Market: Doral
- Square Footage: 3,409
- Price per Square Foot: $1,335
- Buyer: RNL El Car Wash Owner LLC
- Seller: S. Truett Cathy - Chick-fil-A
- Sale Date: 07/28/2026
The transaction was executed between buyer RNL El Car Wash Owner LLC and seller S. Truett Cathy, who is associated with Chick-fil-A. This noteworthy transfer of property reflects the ongoing activity within the retail market in the Doral area.
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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93