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3481 North University Drive

Kush Tripathi, M.D. Purchases Retail Property In Coral Springs For $4.1 Million
SOLDRetail

Kush Tripathi, M.D. Purchases Retail Property In Coral Springs For $4.1 Million

3481 North University Drive

$4,100,000

$395/SF

Building Size

10,360 SF

Asset Type

Retail

Closing

Mar 19, 2026

AI

The retail property located at 3481 North University Drive in Coral Springs has been sold for a total price of $4,100,000. The property encompasses 10,360 square feet, resulting in a price per square foot of $395.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $4,100,000
  • Buyer: Kush Tripathi, M.D.
  • Seller: Robert & Nala Bici
  • Seller's Representative: Dylan Morse & Justin Walker - Franklin Street
  • Mortgage Broker: Dakota Brown

This transaction involved key representatives including Dylan Morse and Justin Walker, who acted on behalf of the sellers, Robert and Nala Bici. Dakota Brown served as the mortgage broker for this deal, facilitating the financing aspects of the transaction.

Players

Dylan Morse

Franklin Street

Broker

$39.1M

vol

8 deals

Broker

Hollywood 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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93