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

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SOLD
$8,400,000

Florida

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Retail60,000 SF
Sold 07/18/2025
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Property Image
SOLD

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

3074 Jog Road

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Retail60,000 SF
Sold 07/18/2025
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:60,000 SF
Transaction Type:Sale

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
Gary Broidis
5 deals$54.1M volume(561) 447-8610
BROKER

Details

SOLD
IMAGE: Gary Broidis DATE: 07/18/2025 ADDRESS: 3074 Jog Road MARKET: Greenacres ASSET TYPE: Retail ~ ACRES: 5 BUYER: Janoura Realty & Management BROKER: Gary Broidis - Atlantic Commercial Group (@AtlanticCommercial) SALE PRICE: $8,400,000 SF: 60,000 ~ PPSF: $140 NOTE: Janoura Realty & Management acquired the 60,000-square-foot Buttonwood Plaza in Greenacres for $8.4 million, marking its first sale in 25 years. Atlantic Commercial’s Gary Broidis represented the seller in the deal; the center was 97% leased at closing.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$448,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$29,843.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,820.29
Annual Debt Service$477,843.43