Janoura Realty & Management Purchases Buttonwood Plaza In Greenacres For $8.4 Million
3074 Jog Road
$8,400,000
$140/SF
Building Size
60,000 SF
Asset Type
Retail
Closing
Jul 18, 2025
AI
The retail asset involved in the transaction is located at 3074 Jog Road in Greenacres. The property spans 5 acres and consists of 60,000 square feet. The sale was finalized for $8,400,000, reflecting a price per square foot of $140.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,400,000
- Address: 3074 Jog Road
- Market: Greenacres
- Asset Size: 60,000 SF
- Price per Square Foot: $140
- Buyer: Janoura Realty & Management
- Broker: Gary Broidis - Atlantic Commercial Group
Janoura Realty & Management's acquisition marks its first sale in 25 years. Atlantic Commercial’s Gary Broidis represented the seller in this transaction, with the center being 97% leased at the time of closing.
Greenacres 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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93