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3074 Jog Road

Janoura Realty & Management Purchases Buttonwood Plaza In Greenacres For $8.4 Million
SOLDRetail

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.

Players

Gary Broidis

Atlantic Commercial Group

Broker

$54.1M

vol

5 deals

Broker

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