$10M Retail Property Sold In Hialeah At 400 West 29th Street
400 West 29th Place
$10,000,000
$576/SF
Building Size
17,361 SF
Asset Type
Retail
Closing
Apr 18, 2023
About this deal
AI
The property involved in this closed transaction is a retail asset located at 400 West 29th Street in Hialeah. The sale took place on 04/18/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,000,000
- Square Footage: 17,361
- Price Per Square Foot: $576
No additional information is available regarding the buyer, seller, or brokers involved in this transaction.
The retail sale at 400 West 29th Place in Florida sold for $10M in 2023. The building is 17,361 square feet, implying about 576 per square foot on the published price. This page is the Florida file for the 400 West 29th Place retail sold: pricing, party profiles, and other closed retail comps from the same Florida sit in the Market section below. Filter that local retail set by closing date to see what else sold near 400 West 29th Place around 2023. Published consideration for 400 West 29th Place is $10M, dated 2023. Cite this $10M Retail Property Sold In Hialeah At 400 West 29th Street sale when underwriting similar retail product around Florida.
Players
Market 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93