Nick Shihadeh Purchases Retail Property From Richard Groh In Homestead For $6.1M

The property asset involved in this transaction is located at 1460 North Krome Avenue in the Homestead market. This retail asset spans 18,544 square feet and was sold for a transaction amount of $6,100,000, equating to a price per square foot of $328.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,100,000
• Square Footage: 18,544
• Price Per Square Foot: $328
• Buyer: Nick Shihadeh
• Seller: Richard Groh
• Broker: Bobby Berrido CCIM - Fausto Commercial Realty Consultants

This transaction was facilitated by Bobby Berrido, who represents Fausto Commercial Realty Consultants. The deal connected buyer Nick Shihadeh with seller Richard Groh, concluding in a successful transaction in the retail sector.