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
About this deal
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