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Kaluz Restaurant Group Acquires Retail Property In Coconut Creek For $5.5M

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SOLD
$5,500,000

Florida

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Retail13,280 SF
Sold 06/25/2024
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Property Image
SOLD

Kaluz Restaurant Group Acquires Retail Property In Coconut Creek For $5.5M

5460 West Hillsboro Boulevard

See Similar Deals
Retail13,280 SF
Sold 06/25/2024
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$414
Total Square Footage:13,280 SF
Transaction Type:Sale

The property located at 5460 West Hillsboro Boulevard in Coconut Creek, a retail asset, was recently sold for $5,500,000. Spanning 13,280 square feet, the sale price per square foot stood at $414. The transaction involved the former Bru's Room Restaurant and corporate headquarters.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,500,000
  • Address: 5460 West Hillsboro Boulevard
  • Market: Coconut Creek
  • Buyer: David Baldwin
  • Seller: Jon Linker & Bob Brudzinski
  • Seller's Rep: Adam H. Klein, Elon Gerberg, Cleveland Sainpreux - SVN
  • SF: 13,280
  • PPSF: $414

The sale of the property was facilitated by the seller's representatives, Adam H. Klein, Elon Gerberg, and Cleveland Sainpreux from SVN Commercial Partners, who successfully closed the deal with the Kaluz Restaurant Group. The new owners have plans to transform the property into a Kaluz restaurant.

Players

Adam H. Klein
38 deals$129.8M volume(516) 445-3070
BROKER

Elon Gerberg
39 deals$144.2M volume(954) 299-9556
BROKER

Cleveland Sainpreux
SVN
11 deals$28.9M volume(954) 661-4170
BROKER

Details

SOLD
IMAGE: Adam H. Klein, Elon Gerberg & Cleveland Sainpreux DATE: 06/25/2024 ADDRESS: 5460 West Hillsboro Boulevard MARKET: Coconut Creek ASSET TYPE: Retail BUYER: David Baldwin SELLER: Jon Linker & Bob Brudzinski SELLER'S REP: Adam H. Klein (@AdamhKein.Roigroup), Elon Gerberg (@EdGofROI), Cleveland Sainpreux (@ClevelandSainpreux) - SVN (@SVN_CommercialPartners) SALE PRICE: $5,500,000 SF: 13,280 ~ PPSF: $414 NOTE FROM SELLER'S REP: This former Bru's Room Restaurant and corporate headquarters has been sold to the Kaluz Restaurant Group, who plan to open a Kaluz at the property. Elon Gerberg, Adam H. Klein, and Cleveland Sainpreux from SVN Commercial Partners represented the sellers, Jon Linker and Bob Brudzinski. For more information, contact the ROI Group at SVN Commercial Partners, Cleveland Sainpreux ([email protected], 561.485.1655), Elon Gerberg ([email protected], 561.485.1129), or Adam H. Klein ([email protected], 516.445.3070). Follow us for exclusive listings and commercial real estate investment sales tips - https://linktr.ee/roigroupofsvn

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