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Carlyle Management Acquires Retail Asset From Pebb Enterprises & Topvalco For $30M

Property Image
SOLD
$30,000,000

Florida

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Retail69,000 SF
Sold 01/23/2026
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Property Image
SOLD

Carlyle Management Acquires Retail Asset From Pebb Enterprises & Topvalco For $30M

5030 West Atlantic Avenue

See Similar Deals
Retail69,000 SF
Sold 01/23/2026
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$434
Total Square Footage:69,000 SF
Transaction Type:Sale

The property at 5030 West Atlantic Avenue is a retail asset located in Delray Beach, with a total square footage of 69,000. The retail asset was sold for a price of $30,000,000, which equates to a price per square foot of $434.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $30,000,000
  • Address: 5030 West Atlantic Avenue
  • Market: Delray Beach
  • Square Footage: 69,000
  • Price per Square Foot: $434
  • Buyer: Carlyle Management
  • Seller: Pebb Enterprises & Topvalco
  • Seller's Representative: Eric Williams & Conor Lalor - Newmark

The transaction involved Carlyle Management as the buyer, acquiring the asset from the sellers Pebb Enterprises and Topvalco. The sellers were represented in the deal by Eric Williams and Conor Lalor from Newmark, facilitating the sale process for the parties involved.

Players

Eric Williams
52 deals$2.8B volume
BROKER

Conor Lalor
Newmark
10 deals$1.4B volume(404) 956-3295
BROKER

Newmark
BROKERAGE

Details

SOLD
IMAGE: Eric Williams & Conor Lalor DATE: 01/23/2026 ADDRESS: 5030 West Atlantic Avenue MARKET: Delray Beach ASSET TYPE: Retail BUYER: Carlyle Management SELLER: Pebb Enterprises & Topvalco SELLER'S REP: Eric Williams & Conor Lalor - Newmark (@Newmark) SALE PRICE: $30,000,000 SF: 69,000 ~ PPSF: $434

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,600,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$106,583.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$142,215.31
Annual Debt Service$1,706,583.66