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12751 West Sunrise Boulevard

The Christmas Palace Signs Lease For 24,952 Square Feet At 12751 West Sunrise Boulevard
LEASEDRetail

The Christmas Palace Signs Lease For 24,952 Square Feet At 12751 West Sunrise Boulevard

12751 West Sunrise Boulevard

Building Size

24,952 SF

Asset Type

Retail

Closing

Jun 2, 2026

AI

The property involved in this transaction is a retail asset located at 12751 West Sunrise Boulevard in Sunrise, Florida, encompassing 24,952 square feet. This retail space is situated near Sawgrass Mills Mall, one of the largest retail destinations in the United States.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 12751 West Sunrise Boulevard
  • Market: Sunrise, FL
  • Tenant: The Christmas Palace
  • Landlord's Representative: Ruben Suarez & Sabrina Stimming - Colliers
  • Tenant's Representatives: Mike Beckert, Chris Haass & Scott Witkowski - Cohen Commercial Realty

This lease deal for The Christmas Palace was facilitated to help the retailer expand its presence in South Florida. The arrangement was brokered by the respective representatives from Cohen Commercial Realty for the tenant and Colliers for the landlord.

Players

Scott Witkowski

Cohen Commercial Realty

Broker

$5.7M

vol

2 deals

Broker
Colliers
ColliersBrokerage

Sunrise Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93