Freddy Sayegh Sells Retail Asset In Miami's McDonald's Location For $2.95M
Florida
See Similar DealsFreddy Sayegh Sells Retail Asset In Miami's McDonald's Location For $2.95M
4200 West Sample Road
See Similar DealsSummary
The asset involved in the transaction is a retail property located at 4200 West Sample Road in the Miami market. This McDonald's property has a sale price of $2,950,000, encompassing a total square footage of 4,310. The price per square foot stands at $684.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,950,000
- Address: 4200 West Sample Road
- Market: Miami
- Square Footage: 4,310
- Price Per Square Foot: $684
- Seller: Freddy Sayegh
- Broker Representatives: Sam Noe & John Paine - Paine Restaurant Group - Marcus & Millichap
The transaction was executed with the representation of Sam Noe and John Paine from the Paine Restaurant Group affiliated with Marcus & Millichap. The property is situated within the Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan area. Notably, the asset sold at a high price with an aggressive cap rate, with only 5 years remaining on the lease. Contact the broker for sale details.
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