Todd Nepola Acquires Retail Property In Sunrise For $2,275,000

The retail property located at 4375 N University Drive in Sunrise has been sold for a price of $2,275,000. The transaction took place on January 26, 2022, and the property spans a total area of 15,167 square feet. The price per square foot comes out to be $150. The property is situated in the Sunrise market and is owned by Daniel Goldfarb of Infinity University Drive. The buyer of the property is Todd Nepola, representing Sunrise University. Todd Nepola is also the buyer's representative for this deal through his agency, Current Capital Group. The seller's representatives are Gustavo Lumer and Cristina Penella from Lumer Real Estate Sunny Isles Fl.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,275,000
• Date: January 26, 2022
• Address: 4375 N University Drive, Sunrise
• Market: Sunrise
• Buyer: Todd Nepola - Sunrise University
• Seller: Daniel Goldfarb - Infinity University Drive
• Buyer's Representative: Todd Nepola - Current Capital Group
• Seller's Representatives: Gustavo Lumer & Cristina Penella - Lumer Real Estate Sunny Isles Fl
• Square Footage: 15,167
• Price per Square Foot: $150

Todd Nepola, representing Sunrise University, successfully closed the deal on this retail property. His agency, Current Capital Group, played a crucial role in facilitating the transaction. Daniel Goldfarb of Infinity University Drive acted as the seller of the property. Gustavo Lumer and Cristina Penella from Lumer Real Estate Sunny Isles Fl served as the seller's representatives. This transaction highlights the active real estate market in Sunrise and the ongoing investment and development in the retail sector.