James Hennessey & Marc Zahr Acquire Store On Coconut Creek Pkwy For $6.8M
4600 Coconut Creek Pkwy, Pompano Beach, Florida, USA
$6,825,000
$399/SF
Building Size
17,072 SF
Asset Type
Retail
Closing
Sep 15, 2021
About this deal
AI
The property involved in this transaction is a store located at 4600 Coconut Creek Pkwy in Pompano Beach, FL. The property spans 17,072 square feet and was sold on September 16, 2021 for a price of $6,825,000. The price per square foot was $400.
Summary of transaction details:
- Property Type: Store
- Transaction Amount: $6,825,000
- Address: 4600 Coconut Creek Pkwy, Pompano Beach, FL
- Market: Pompano Beach, FL
- Square Footage: 17,072
- Price per Square Foot: $400
The buyers in this transaction were James Hennessey and Marc Zahr. They purchased the property from the sellers, John Standley and Todd Heckman.
On the Map
$6,825,000
$399/SF
Retail
View full map
Players
Pompano Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Zahr to view all their deals.
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93