Daryl Stair Acquires Retail Property In Lake Worth For $14.75M

The retail property located at 5516 S State Rd 7 in Lake Worth has been sold for a price of $14,750,000. The transaction took place on 06/06/2022. The property spans a total of 41,429 square feet, resulting in a price per square foot of $356.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $14,750,000
• Address: 5516 S State Rd 7
• Market: Lake Worth
• Square Footage: 41,429
• Price per Square Foot: $356

The buyer of the property is Daryl Stair, while the seller is David Weinstein, represented by Brefrank. The deal was facilitated by brokers Danny Finkle, Eric Williams, Kim Flores, and Cameron Beck from JLL.