Luke Thomson And Robert Zahralban Of NX3 Commercial Group Represent Buyer In Coconut Creek Retail Sale For $14.1M
5501 Lyons Road
$14,100,000
$343/SF
Building Size
41,000 SF
Asset Type
Retail
Closing
Oct 7, 2026
About this deal
AI
The retail property located at 5501 Lyons Road in Coconut Creek has been sold for $14,100,000. The asset encompasses a total square footage of 41,000 and the price per square foot was calculated at $343.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,100,000
- Address: 5501 Lyons Road
- Market: Coconut Creek
- Square Footage: 41,000
- Price Per Square Foot: $343
- Buyer's Representative: Luke Thomson & Robert Zahralban - NX3 Commercial Group
- Seller's Representative: Mark Thiel - Marcus & Millichap
The transaction was facilitated by Luke Thomson and Robert Zahralban representing the buyer from NX3 Commercial Group, whereas Mark Thiel represented the seller from Marcus & Millichap, bringing expertise to this retail deal.
On the Map
$14,100,000
$343/SF
Retail
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Players
Coconut Creek 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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93