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Michael Fimiani Of Fimiani Holdings Acquires Retail Asset In Boca Raton For $15M

Property Image
SOLD
$15,000,000

Florida

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Retail62,146 SF
Sold 12/24/2025
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Property Image
SOLD

Michael Fimiani Of Fimiani Holdings Acquires Retail Asset In Boca Raton For $15M

21046 Commercial Trail

See Similar Deals
Retail62,146 SF
Sold 12/24/2025

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$241
Total Square Footage:62,146 SF
Transaction Type:Sale

The property asset involved in this transaction is a 62,146-square-foot retail building located at 21046 Commercial Trail in Boca Raton. The building, which houses the Lucky Strike bowling alley, was sold for $15 million, translating to a price per square foot of $241. This structure, built in 1981, occupies a 4.2-acre lot and was leased by Bowlero in 2020 before being rebranded as Lucky Strike in mid-2025.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $15,000,000
  • Square Footage: 62,146
  • Address: 21046 Commercial Trail
  • Market: Boca Raton
  • Buyer: Michael Fimiani - Fimiani Holdings
  • Seller: Bob Brown - Cypress Real Estate Advisors
  • Price Per Square Foot: $241

The individuals involved in this transaction are Michael Fimiani, representing Fimiani Holdings as the buyer, and Bob Brown from Cypress Real Estate Advisors as the seller. The buyer's company, Commercial Trail Properties LLC, is managed by Michael Fimiani.

Players

SELLER

Details

SOLD
IMAGE: Bob Brown & Michael Fimiani DATE: 12/24/2025 ADDRESS: 21046 Commercial Trail MARKET: Boca Raton ASSET TYPE: Retail BUYER: Michael Fimiani - Fimiani Holdings SELLER: Bob Brown - Cypress Real Estate Advisors SALE PRICE: $15,000,000 SF: 62,146 ~ PPSF: $241 NOTE: The 62,146-sq.-ft. building housing the Lucky Strike bowling alley in Boca Raton sold for $15 million, or $241 per square foot, to Commercial Trail Properties LLC, managed by retail investor Michael Fimiani. Built in 1981 on a 4.2-acre lot, the property was leased by Bowlero in 2020 and rebranded Lucky Strike in mid-2025. # CypressRealEstateAdvisors

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