Eric Shulman & Joe Spicer Acquire Retail Property In Oakland Park For $4.1M | 2300-2350 West Oakland Park Boulevard | Cleveland Sainpreux, Elon Gerberg, Adam H. Klein | Retail | Sale

Summary

Sale

FLORIDA

Retail

40,000 sqft

The retail property located at 2300-2350 West Oakland Park Boulevard in Oakland Park has been sold for a price of $4,100,000. The property spans a total area of 20,000 square feet, resulting in a price per square foot of $205. The transaction corresponds to a capitalization rate of 3.43%. The buyer of the property is Eric Shulman and Joe Spicer, while the seller is Marc Matut.

Summary of transaction details

Property Type: Retail
Transaction Amount: $4,100,000
Address: 2300-2350 West Oakland Park Boulevard
Market: Oakland Park

The sale of the property was facilitated by Elon Gerberg, Adam H. Klein, and Cleveland Sainpreux of SVN acting as representatives for the seller. The deal attracted significant interest, with 7 offers received within a span of 21 days from the start of the marketing process. For more information, interested parties can contact the ROI Group at SVN. Additionally, Elon Gerberg, Adam H. Klein, and Cleveland Sainpreux can be reached via email or phone.

Players

All
4

Agents
3
Agencies
1

$15.7M Sold

$76.6M Sold

$63.5M Sold

Details

Deal Summary

SOLD

IMAGE: Adam H. Klein, Joe Spicer, Elon Gerberg, Eric Shulman & Cleveland Sainpreux DATE: 01/09/2024 ADDRESS: 2300-2350 West Oakland Park Boulevard MARKET: Oakland Park ASSET TYPE: Retail BUYER: Flying Horse Investments (FHI), Eric Shulman (@ejshulman) and Joe Spicer (@rjspicer3) SELLER: Marc Matut SELLER'S REP: Elon Gerberg (@EDGofROI), Adam H. Klein (@AdamhKlein.Roigroup) & Cleveland Sainpreux (@Clevelandsainpreux) - SVN (@SVN_CommercialPartners) SALE PRICE: $4,100,000 SF: 20,000 ~ PPSF: $205 CAP RATE: 3.43% NOTE FROM SELLER'S REP: Fielded 7-offers within 21-days of going to market. Contact the ROI Group at SVN for more information. Elon Gerberg ([email protected], 561.485.1129), Adam H. Klein ([email protected], 516.445.3070), Cleveland Sainpreux ([email protected], 561.485.1655),. Follow the ROI Group of SVN (@ROIGroupofSVN) for exclusively listed inventory and Commercial Real Estate Sales Tips and Strategy at http://linktree.com/ROIGroupofSVN NOTE FROM BUYER: FHI plans for a full renovation of the shopping center

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Address2300-2350 West Oakland Park Boulevard

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