SOLDRetail
Juan Moore Acquires Retail Property At 6695 West Flagler Street From El Car Wash For $7.5M
6695 West Flagler Street
$7,500,000
$1,415/SF
Building Size
5,300 SF
Asset Type
Retail
Closing
Oct 15, 2026
About this deal
AI
The asset involved in the transaction is a retail property located at 6695 West Flagler Street in Miami. The sale price was $7,500,000, with a total square footage of 5,300 and a price per square foot of $1,415.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,500,000
- Address: 6695 West Flagler Street
- Market: Miami
- Square Footage: 5,300
- Price Per Square Foot: $1,415
- Buyer: Juan Moore
- Seller: El Car Wash
- Brokers: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
Jonathan De La Rosa and Eduardo Toledo represented the buyer and seller in this transaction. The ongoing demand for car wash acquisitions is driven by the potential for 100% bonus depreciation benefits. Additionally, there are more car wash properties available for acquisition that can close before the end of 2026.
On the Map
$7,500,000
$1,415/SF
Retail
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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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93