Jenry Henriquez Acquires Store In Miami, FL From Antonio Rodriguez For $2.8M
468 Northwest 22nd Avenue, Miami, Florida 33142, United States
$2,800,000
$242/SF
Building Size
11,532 SF
Asset Type
Retail
Closing
Oct 23, 2022
About this deal
AI
The property asset involved in this transaction is a store located at 468 NW 22nd Ave, Miami, FL. The store spans 11,532 square feet and was sold for a price of $2,800,000, resulting in a price per square foot of $242.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,800,000
- Address: 468 NW 22nd Ave, Miami, FL
- Market: Miami, FL
- Buyer: Jenry Henriquez
- Seller: Antonio Rodriguez
- Square Footage: 11,532
- Price per Square Foot: $242
Jenry Henriquez acted as the buyer in this transaction, while Antonio Rodriguez served as the seller. The deal closed on October 24, 2022.
Players
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93