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Roger Massell Acquires Retail Asset In Coconut Creek From Marcos Puente And Investors For $14.2M

Property Image
SOLD
$14,200,000
Marcos Puente
+ 1

Florida

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Retail23,256 SF
Sold 11/26/2025
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Property Image
SOLD

Roger Massell Acquires Retail Asset In Coconut Creek From Marcos Puente And Investors For $14.2M

1019 Lyons Road

See Similar Deals
Retail23,256 SF
Sold 11/26/2025
Marcos Puente
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$610
Total Square Footage:23,256 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail space located at 1019 Lyons Road in Coconut Creek. The retail asset encompasses a total square footage of 23,256 and was sold for a price of $14,200,000, translating to a price per square foot of $610.

Summary of transaction details:

This transaction features key individuals, with Roger Massell as the buyer while the sellers are a group consisting of Marcos Puente, Evan Mouhalis, Gabriel Navarro, and Ryan Mouhalis. The deal was facilitated by broker Patrick Wagor, representing Atlantic Retail, and highlights a recent development by MCM and MMG that is now leased to a private investor.

Players

Patrick Wagor
6 deals$48.6M volume(561) 427-6151
BROKER


Marcos Puente
16 deals$130.4M volume
SELLER

Gabriel Navarro
11 deals$180.5M volume
SELLER

Details

SOLD
IMAGE: Gabriel Navarro, Patrick Wagor, Marcos Puente, Ryan Mouhalis & Evan Mouhalis DATE: 11/26/2025 ADDRESS: 1019 Lyons Road MARKET: Coconut Creek ASSET TYPE: Retail BUYER: Roger Massell SELLER: Marcos Puente, Evan Mouhalis, Gabriel Navarro & Ryan Mouhalis BROKER: Patrick Wagor (@PatrickWagor) - Atlantic Retail (@Atlantic_Retail) SALE PRICE: $14,200,000 SF: 23,256 ~ PPSF: $610 NOTE FROM SELLER: New 20-year, net leased Sprouts recently built by MCM and MMG, sold by Atlantic Retail to a private investor.

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

$757,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$50,449.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$67,315.24
Annual Debt Service$807,782.93