Yair Gretah Purchases Retail Property At 12430 West Atlantic Boulevard From Fabian Ponce For $3.6M

The retail property located at 12430 West Atlantic Boulevard in Coral Springs has been sold for $3,600,000. This asset spans 10,237 square feet, resulting in a price per square foot of $351. The transaction reflects a strong market demand and successful pricing strategy.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,600,000
• Square Footage: 10,237
• Price per Square Foot: $351
• Buyer: Yair Gretah
• Seller: Fabian Ponce
• Market: Coral Springs
• Cap Rate: 6.58%

Elon Gerberg, Adam H. Klein, and Cleveland Sainpreux of The ROI Group at SVN Commercial Partners represented both the buyer and the seller during this transaction. The property attracted multiple full-price offers and successfully closed at the asking price, indicating competitive interest in the retail sector.