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5100 Coconut Creek Pkwy, Po...

Crossroads Center LLC Acquires Retail Property In Pompano Beach For $10.7M
SOLDRetail

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.

Players

SG
SW GlobalSeller

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