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114 North Flagler Avenue

Christopher Brown Sells Retail Property At 114 & 120-122 North Flagler Avenue For $1.35M
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Christopher Brown Sells Retail Property At 114 & 120-122 North Flagler Avenue For $1.35M

114 North Flagler Avenue & 122 North Flagler Avenue

$1,350,000

$249/SF

Building Size

5,420 SF

Asset Type

Retail

Closing

Feb 18, 2026

AI

The property asset involved in this transaction is located at 114 & 120-122 North Flagler Avenue, Pompano Beach. This retail asset encompasses a total area of 10,404 square feet, and it was sold for $1,350,000, representing a price per square foot of $130.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,350,000
  • Square Footage: 10,404
  • Address: 114 & 120-122 North Flagler Avenue
  • Market: Pompano Beach
  • Seller: Christopher Brown
  • Broker Representatives: Jonathan De La Rosa, Matthew Albregts & Gavin Smyth - Marcus & Millichap

The transaction was facilitated by the broker representatives from Marcus & Millichap, specifically Jonathan De La Rosa, Matthew Albregts, and Gavin Smyth, who played key roles in this retail property sale, representing the seller, Christopher Brown.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker

Pompano Beach 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93