Doron Valero Of Global Fund Investments Acquires Retail Property In Oakland Park For $17.25M
3400 North Andrews Avenue & 3570 North Andrews Avenue
$17,250,000
$114/SF
Building Size
150,537 SF
Asset Type
Retail
Closing
Jul 6, 2026
AI
The retail property located at 3400-3570 North Andrews Avenue in Oakland Park, FL, spans 14.5 acres and features a total square footage of 150,537. The property was sold for a total transaction amount of $17,250,000, resulting in a price per square foot of $115. The Oakland Park Festival Center is anchored by Bravo Supermarkets and was previously traded for $23.4 million in 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,250,000
- Address: 3400-3570 North Andrews Avenue, Oakland Park, FL
- Asset Size: 150,537 square feet
- Price per Square Foot: $115
- Buyer: Doron Valero - Global Fund Investments
- Seller: Steven Hudson - Hudson Capital Group; Charles Ladd - Barron Commercial Development; Paul Tanner - Las Olas Capital Advisors
This transaction was facilitated by Doron Valero, representing Global Fund Investments as the buyer, while the seller's interests were represented by Steven Hudson from Hudson Capital Group, Charles Ladd from Barron Commercial Development, and Paul Tanner from Las Olas Capital Advisors.
Players
Charlotte Hall 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
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93