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12950 Cortez Boulevard

Will Burley Sells Retail Asset In Brooksville For $7.9 Million Represented By Shaan Dadlani
SOLDRetail

Will Burley Sells Retail Asset In Brooksville For $7.9 Million Represented By Shaan Dadlani

12950 Cortez Boulevard

$7,900,000

$142/SF

Building Size

55,335 SF

Asset Type

Retail

Closing

Apr 30, 2026

AI

The retail asset involved in the transaction is located at 12950 Cortez Boulevard, Brooksville. The sale was completed for a price of $7,900,000, with a total square footage of 55,335, resulting in a price per square foot of approximately $142.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,900,000
  • Address: 12950 Cortez Boulevard
  • Market: Brooksville
  • Seller: Will Burley
  • Broker: Shaan Dadlani - NorthMarq Capital
  • 1031 Exchange Qualified Intermediary: Deferred.com
  • Square Footage: 55,335
  • Price Per Square Foot: $142

The deal was facilitated by Shaan Dadlani representing NorthMarq Capital. Will Burley acted as the seller in this transaction, which involved a qualified intermediary for a 1031 exchange to facilitate the sale.

Players

Shaan Dadlani

NorthMarq Capital

Broker

$7.9M

vol

1 deal

Broker

Brooksville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.01%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93