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
About this deal
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.
On the Map
Retail
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Players
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