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Mickey Taillard Purchases Retail Property In Dania Beach From Seller Rick Zorovich For $3.6M

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SOLD
$3,600,000

Florida

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Retail17,000 SF
Sold 05/14/2025
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SOLD

Mickey Taillard Purchases Retail Property In Dania Beach From Seller Rick Zorovich For $3.6M

1920 Stirling Road & 1934 Stirling Road

See Similar Deals
Retail17,000 SF
Sold 05/14/2025
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$211
Total Square Footage:17,000 SF
Transaction Type:Sale

The retail property located at 1920 Stirling Road & 1934 Stirling Road in Dania Beach recently sold for $3,600,000. This asset spans 17,000 square feet, translating to a price per square foot of $220.

Summary of transaction details:

Joseph Saacks from Taillard Capital represented Mickey Taillard in this transaction. Taillard Capital is known for pursuing value add and distressed opportunities in South Florida, focusing on Small Bay Industrial and Retail. The deal was sourced in-house by Joseph Saacks, who is also noted for other significant projects, including the redevelopment of the club at Emerald Hills and the purchase of the 163rd Street Mall. For leasing inquiries for 1920 and acquisition opportunities, contact [email protected] or [email protected].

Players

Joseph Saacks
1 deal$3.6M volume
BROKER

Details

SOLD
IMAGE: IMAGE: Mickey Taillard & Joseph Saacks DATE: 5/15/2025 ADDRESS: 1920 Stirling Road & 1934 Stirling Road MARKET: Dania Beach ASSET TYPE: Retail BUYER: Mickey Taillard SELLER: Rick Zorovich BROKER: Joseph Saacks - Taillard Capital SALE PRICE: $3,600,000 SF: 17,000 ~ PPSF: $220 NOTE FROM BROKER: Taillard Capital is actively pursuing value add and distressed opportunities in South Florida with a focus on Small Bay Industrial and Retail. Some of their other noteable recent Taillard Capital Deals is the redevelopment of the club at Emerald Hills and recent Purchase of the 163rd street Mall. This deal was sourced in-house by Joseph Saacks. Send Leasing inquiries for 1920 and acquisitions opportunities to [email protected] 954-800-0027 or [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$192,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04