Johnson’s Legacy Wealth Management Group Acquires Retail Property In Oakland Park For $3.72M
3419 North Andrews Avenue & 3451 North Andrews Avenue
$3,720,000
$194/SF
Building Size
19,146 SF
Asset Type
Retail
Closing
Jul 27, 2026
AI
A 9,573-square-foot freestanding restaurant property located at 3419 & 3451 North Andrews Avenue in Oakland Park, FL was sold for $3,720,000. The property is classified as retail, and the price per square foot stands at $389.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,720,000
- Square Footage: 9,573
- Address: 3419 & 3451 North Andrews Avenue
- Market: Oakland Park, FL
- Price Per Square Foot: $389
- Buyer: Johnson’s Legacy Wealth Management Group, Inc.
- Seller: Kilkenny, LLC
- Brokers: Jaime Sturgis & Chris Penland - Native Realty
Jaime Sturgis and Chris Penland represented the seller, Kilkenny, LLC, in the transaction with Johnson’s Legacy Wealth Management Group. This sale involved the former Stout Bar & Grill property, contributing to a series of commercial transactions along North Andrews Avenue and highlighting the increasing investor interest in the Oakland Park area.
Players
Oakland Park 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
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93