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

Property Image
SOLD
$4,000,000

Florida

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Retail4,339 SF
Sold 11/07/2025
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Property Image
SOLD

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

8868 Southwest 40th Street

See Similar Deals
Retail4,339 SF
Sold 11/07/2025
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$921
Total Square Footage:4,339 SF
Transaction Type:Sale

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
7 deals$24.9M volume(305) 905-3215
BROKER

Matthews
BROKERAGE

Details

SOLD
IMAGE: Alexander Machado DATE: 11/07/2025 ADDRESS: 8868 Southwest 40th Street MARKET: Miami ASSET TYPE: Retail BUYER: Christopher Murphy SELLER: NADG BROKER: Alexander Machado - Matthews (@Matthews_CRE) SALE PRICE: $4,000,000 SF: 4,339 ~ PPSF: $921

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
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