Jian Wu & Yuqi Luo Acquire Store On Le Jeune Rd In Miami, FL For $4.8M
4700 South Le Jeune Road, Miami, Florida 33146, United States
$4,775,000
$942/SF
Building Size
5,069 SF
Asset Type
Retail
Closing
Aug 30, 2022
About this deal
AI
The property located at 4700 Le Jeune Rd in Miami, FL has been sold in a transaction that took place on August 31, 2022. The property is a store with a total square footage of 5,069. The sale price for this property was $4,775,000, resulting in a price per square foot of $942.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $4,775,000
- Square Footage: 5,069
- Address: 4700 Le Jeune Rd, Miami, FL
Jian Wu & Yuqi Luo acted as the buyers in this transaction, while the seller was Robert L. Hatfield.
Players
Coral Gables 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
3.32%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93