Adar Doral 9901 LLC Acquires Retail Property In Miami For $6M
9901 NW 41st St, Miami, FL, USA
$6,000,000
$598/SF
Building Size
10,026 SF
Asset Type
Retail
Closing
Aug 12, 2021
About this deal
AI
The retail property located at 9901 NW 41st St in Miami has been sold for $6,000,000. The property has a total square footage of 10,026, resulting in a price per square foot of $598.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,000,000
- Square Footage: 10,026
- Price Per Square Foot: $598
- Address: 9901 NW 41st St, Miami
The buyer of the property is Adar Doral 9901 LLC, and the seller is Steven R. Kamelhair.
The retail sale at 9901 NW 41st St, Miami, FL, USA in Doral, Florida sold for $6M in 2021. The building is 10,026 square feet, implying about 598 per square foot on the published price. This page is the Doral, Florida file for the 9901 NW 41st St, Miami, FL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Doral sit in the Market section below. Filter that Doral retail set by closing date to see what else sold near 9901 NW 41st St, Miami, FL, USA around 2021. Published consideration for 9901 NW 41st St, Miami, FL, USA is $6M, dated 2021. Cite this Adar Doral 9901 LLC Acquires Retail Property In Miami For $6M sale when underwriting similar retail product around Doral, Florida.
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Doral 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93