JLL Capital Markets Brokers Acquire Retail Property On 9020 Biscayne Blvd In Miami Shores For $8.24M
9020 Biscayne Boulevard, Miami Shores, Florida 33138, United States
$8,240,000
$541/SF
Building Size
15,206 SF
Asset Type
Retail
Closing
Feb 7, 2022
AI
An approximately 1.07-acre retail property located at 9020 Biscayne Blvd in Miami Shores has been sold for a total price of $8,240,000. The property spans a total of 15,206 square feet, resulting in a price per square foot of $542.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,240,000
- Address: 9020 Biscayne Blvd
- Market: Miami Shores
- Acres: 1.07
The sale was facilitated by the brokers Alex Sharrin, Alex Geanakos, Jeffrey Cicurel, Danny Finkle, and Eric Williams from JLL Capital Markets.
Note: No further information regarding the property or the transaction is available.
Players
Miami Shores Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93