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6200 Southwest 8th Street

Pedro Camejo And Chris Clementi Acquire Retail Property In West Miami For $8.65M
SOLDRetail

Pedro Camejo And Chris Clementi Acquire Retail Property In West Miami For $8.65M

6200 Southwest 8th Street & 6113 Southwest 8th Street

$8,650,000

$303/SF

Building Size

28,472 SF

Asset Type

Retail

Closing

Jun 29, 2025

AI

The retail assets located at 6200 & 6113 Southwest 8th Street in West Miami have been sold for a total of $8,650,000. The property spans a total area of 26,527 square feet, equating to a price per square foot of $326.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,650,000
  • Address: 6200 & 6113 Southwest 8th Street
  • Market: West Miami
  • Buyers: Pedro Camejo (CAM Group) & Chris Clementi
  • Seller: Ino Halegua
  • Buyer’s Representatives: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
  • Seller’s Representative: Joseph H. Weston - Maddux & Company
  • Lender: Frank de Ona - Ocean Bank; Victor Lopez - International Finance Bank
  • Square Footage: 26,527
  • Price per Square Foot: $326

The sale involved key players in the transaction, with Jonathan De La Rosa and Eduardo Toledo representing the buyers, while Joseph H. Weston acted as the seller's representative. The financing for the transaction was facilitated by Frank de Ona from Ocean Bank and Victor Lopez from International Finance Bank.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker
Maddux and Company
Maddux and CompanyBrokerage

Pedro Camejo

Buyer

$42.6M

vol

10 deals

Buyer
Ocean Bank
Ocean BankLender

West 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

1.83%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93