Crossroads Center LLC Acquires Retail Property In Pompano Beach For $10.7M
5100 Coconut Creek Pkwy, Pompano Beach, FL, USA
$10,710,000
$468/SF
Building Size
22,885 SF
Asset Type
Retail
Closing
Sep 20, 2021
AI
The retail property located at 5100 Coconut Creek Pkwy in Pompano Beach has recently been sold for a total price of $10,710,000. The property spans across 22,885 square feet, resulting in a price per square foot of $468.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $10,710,000
- Square Footage: 22,885
- Price per Square Foot: $468
- Address: 5100 Coconut Creek Pkwy, Pompano Beach
- Buyer: Crossroads Center LLC
- Seller: SW Global
During this transaction, Crossroads Center LLC acted as the buyer, while SW Global served as the seller. They successfully completed the sale of the retail property for the aforementioned price.
Pompano 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
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93