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Westar Oil Company Acquires Retail Property At 4401 Southwest 8th Street For $2.2M

Property Image
SOLD
$2,200,000
Adriano Salucci
Miguel Pinto
Nick Hernandez

Florida

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Retail6,546 SF
Sold 02/19/2025
the dealplayerscompscontact
Property Image
SOLD

Westar Oil Company Acquires Retail Property At 4401 Southwest 8th Street For $2.2M

4401 Southwest 8th Street

See Similar Deals
Retail6,546 SF
Sold 02/19/2025
Adriano Salucci
Miguel Pinto
Nick Hernandez
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$336
Total Square Footage:6,546 SF
Transaction Type:Sale

A retail property located at 4401 Southwest 8th Street in Miami has been sold for $2,200,000. The asset spans 6,546 square feet on a site of 0.45 acres and includes an 8-position fueling station. The property is zoned T6-8-O.

Summary of transaction details:

The transaction involved Westar Oil Company acquiring the retail property from Elizabeth Garcia, who is associated with AFG Advance Corporation. The deal was facilitated by brokers Adriano Salucci, Miguel Pinto, and Nick Hernandez from APEX Capital Realty.

Players

Miguel Pinto
APEX Capital Realty
Miguel Pinto
50 deals$330.5M volume
BROKER
Adriano Salucci
APEX Capital Realty
Adriano Salucci
29 deals$121.6M volume(305) 340-3584
BROKER
Nick Hernandez
APEX Capital Realty
Nick Hernandez
6 deals$28M volume(305) 915-6018
BROKER

Details

SOLD
IMAGE: Miguel Pinto, Adriano Salucci & Nick Hernandez DATE: 02/19/2025 ADDRESS: 4401 Southwest 8th Street MARKET: Miami ASSET TYPE: Retail ~ ACRES: 0.45 BUYER: Westar Oil Company SELLER: Elizabeth Garcia - AFG Advance Corporation BROKERS: Adriano Salucci (@S_bolognese), Miguel Pinto & Nick Hernandez (@Nick.A.Hernandez) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $2,200,000 SF: 6,546 ~ PPSF: $336 NOTE: Westar Oil Company bought a 6,546-SF multi-tenant retail property with an 8-position fueling station at 4401 SW 8th St. in Miami for $2.2M from an entity linked to Elizabeth Garcia. The deal, brokered by APEX Capital Realty, includes a 0.45-acre site zoned T6-8-O.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
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