facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

2810 Us Route 1

Carla Lovett Acquires Fort Pierce Retail Asset From Donnelyn Khourie For $17 Million
SOLDRetail

Carla Lovett Acquires Fort Pierce Retail Asset From Donnelyn Khourie For $17 Million

2810 Us Route 1

$17,000,000

$229/SF

Building Size

74,226 SF

Asset Type

Retail

Closing

Apr 28, 2026

AI

The transaction involved a retail property located at 2810 US Route 1 in Fort Pierce. The sale was finalized for a price of $17,000,000, covering a total square footage of 74,226. The price per square foot for this transaction was recorded at $229.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $17,000,000
  • Address: 2810 US Route 1
  • Market: Fort Pierce
  • Square Footage: 74,226
  • Price per Square Foot: $229
  • Buyer: Carla Lovett
  • Seller: Donnelyn Khourie
  • Broker Representatives: Sebastian Misiewicz & Matthew Lago - Lee & Associates

Key individuals in this transaction included buyer Carla Lovett, who acquired the property, and seller Donnelyn Khourie, who divested the asset. The deal was facilitated by brokers Sebastian Misiewicz and Matthew Lago from Lee & Associates, who represented the respective parties in the negotiation and completion of the transaction.

Players

Matthew Lago

Lee & Associates

Broker

$30.7M

vol

3 deals

Broker

Fort Pierce Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93