SRS Real Estate Partners Facilitates $4.57M Sale Of Starbucks In Pompano Beach Florida

The transaction involves the sale of a newly built retail asset located at 3895 North Federal Highway, Pompano Beach, FL, encompassing 2,734 square feet on a 1.04-acre lot. The property sold for $4,570,000, equating to a price per square foot of $1,672.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,570,000
• Square Footage: 2,734 SF
• Price per Square Foot: $1,672
• Address: 3895 North Federal Highway
• Market: Pompano Beach
• Acres: 1.04

The transaction was facilitated by Patrick Nutt and William Wamble, agents from SRS Real Estate Partners, representing the South Florida-based seller. The buyer is identified as a private investor from Boston, with an interest in the high-traffic, densely populated market, supported by a 10-year corporate-guaranteed lease and scheduled rent increases.