Vidal Moreno Acquires Net Leased Retail Property In Oakland Park For $3.15M

The net leased retail property located at 1801 W Oakland Park Blvd in Oakland Park has been sold. The transaction took place on April 7, 2022. The property spans 3,500 square feet with a price per square foot of $900. The sale price for the property was $3,150,000, resulting in a cap rate of 4.6%.

Summary of transaction details

• Property Type: Net Leased Retail
• Transaction Amount: $3,150,000
• Cap Rate: 4.6%
• Square Footage: 3,500
• Price per Square Foot: $900
• Address: 1801 W Oakland Park Blvd
• Market: Oakland Park

The buyer of the property is Vidal Moreno, while Iqbal Panjwani is the seller. The transaction was facilitated by the brokers Jonathan De La Rosa, Brandon Holmes, Kian Mclean, and Ahmed Kabani from Marcus & Millichap.