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
About this deal
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.
On the Map
$4,000,000
$921/SF
Retail
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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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93