Lawrence Oxenberg Of Berger Commercial Realty Sells Retail Property In Oakland Park

The retail plaza located at 5052 N. Dixie Highway in Oakland Park, known as Dixie Plaza, spans 11,975 square feet. The property was sold for $2,412,500 in a recent transaction. Lawrence Oxenberg from Berger Commercial Realty represented the seller, Mi-1 Property LLC, in the deal. The transaction closed on June 29. Situated in a heavy retail shopping node, the retail plaza offers excellent accessibility and visibility to major roadways.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,412,500.00
• Address: 5052 N Dixie Hwy, Fort Lauderdale, FL
• Market: Oakland Park
• Seller's Rep: Lawrence Oxenberg (Berger Commercial Realty)

The buyer of Dixie Plaza, a multi-tenant retail strip shopping center, has not been disclosed. The sale was facilitated by Lawrence Oxenberg, representing the seller, Mi-1 Property LLC. The property's prime location in a bustling retail area and its desirable accessibility to major roadways likely contributed to its appeal in the market.