Florida Value Partners Acquires Retail Property In Miami For $14.5M
9200 South Dixie Highway, Miami, FL 33156
$14,500,000
$3,541/SF
Building Size
4,094 SF
Asset Type
Retail
Closing
Jan 4, 2022
AI
A retail property located at 9200 S. Dixie Highway in Miami has been sold for $14,500,000. The property is owned by Florida Value Partners and was purchased by Gus Alfonso and Atlantic Pacific.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,500,000
- Address: 9200 S. Dixie Highway
- Market: Miami
Gus Alfonso and Atlantic Pacific have acquired the retail property located at 9200 S. Dixie Highway in Miami. The property was sold for $14,500,000 by Florida Value Partners.
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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93