Mickey Taillard Purchases Retail Property In Dania Beach From Seller Rick Zorovich For $3.6M
1920 Stirling Road & 1934 Stirling Road
$3,600,000
$211/SF
Building Size
8,500 SF
Asset Type
Retail
Closing
May 14, 2025
About this deal
AI
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:
- Property Type: Retail
- Transaction Amount: $3,600,000
- Buyer: Mickey Taillard
- Seller: Rick Zorovich
- Broker: Joseph Saacks - Taillard Capital
- Square Footage: 17,000
- Price Per Square Foot: $220
- Date of Transaction: 5/15/2025
- Market: Dania Beach
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].
On the Map
$3,600,000
$211/SF
Retail
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Players
Dania Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93