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8868 Southwest 40th Street

Christopher Murphy Acquires Retail Property At 8868 Southwest 40th Street For $4 Million
SOLDRetail

Christopher Murphy Acquires Retail Property At 8868 Southwest 40th Street For $4 Million

8868 Southwest 40th Street

$4,000,000

$921/SF

Building Size

4,339 SF

Asset Type

Retail

Closing

Nov 6, 2025

AI

The property asset involved in the transaction is a retail space located at 8868 Southwest 40th Street in the Miami market. The sale price for the asset was $4,000,000, with a total square footage of 4,339, resulting in a price per square foot of $921.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,000,000
  • Buyer: Christopher Murphy
  • Seller: NADG
  • Broker: Alexander Machado - Matthews

The key individuals involved in this transaction include Christopher Murphy as the buyer and NADG as the seller, with Alexander Machado from Matthews representing the brokerage side of the deal.

Players

Alexander Machado

Matthews

Broker

$24.9M

vol

7 deals

Broker
Matthews
Matthews Brokerage

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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93