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4645 Gun Club Road

Ziad Raphael Acquires Retail Asset At 4645 Gun Club Road For $15 Million From Yoram Izhak
SOLDRetail

Ziad Raphael Acquires Retail Asset At 4645 Gun Club Road For $15 Million From Yoram Izhak

4645 Gun Club Road

$15,000,000

$145/SF

Building Size

102,900 SF

Asset Type

Retail

Closing

Jul 1, 2026

AI

The property involved in this transaction is a retail asset located at 4645 Gun Club Road in the West Palm Beach market. The sale price of the property was $15,000,000, with a total square footage of 102,900, resulting in a price per square foot of $145.

Summary of transaction details:

Ziad Raphael acquired the property from Yoram Izhak, who is associated with IMC Equity Group. The transaction was facilitated by broker Sean Glickman of Cushman & Wakefield, representing the seller in this deal.

Players

Sean Glickman, CCIM

Cushman & Wakefield

Broker

$33.2M

vol

4 deals

Broker

Ziad Raphael

Buyer

$19.7M

vol

2 deals

Buyer
Yoram Izhak

Yoram Izhak

IMC Equity Group

Seller

$472.7M

vol

20 deals

Seller

West Palm Beach 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

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93