Mario Interian Acquires Retail Property In Medley For $2.6 Million With Buyer’s Rep Rafael Villamizar
7400 Northwest South River Drive
$2,600,000
$316/SF
Building Size
8,210 SF
Asset Type
Retail
Closing
Mar 11, 2025
AI
The property asset involved in the transaction is a retail space located at 7400 Northwest South River Drive in Medley. The sale price for this asset was $2,600,000, with a total square footage of 8,210, resulting in a price per square foot of $316.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,600,000
- Address: 7400 Northwest South River Drive
- Market: Medley
- Square Footage: 8,210
- Price per Square Foot: $316
- Buyer: Mario Interian
- Seller: Mario & Cira Pino
- Buyer's Representative: Rafael Villamizar - Vertical Real Estate
- Seller's Representatives: Jonathan De La Rosa, Eduardo Toledo & Nicholas Hassan - Marcus & Millichap
Manny Vadillo and Yailiana Leyva served as legal counsel for the seller during this transaction, contributing to the deal's legal framework.
Players
Medley 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93