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5795 South University Drive

Jonathan Wizman Of Davie Square Group Acquires Retail Property From Southeast Properties For $18.5M
SOLDRetail

Jonathan Wizman Of Davie Square Group Acquires Retail Property From Southeast Properties For $18.5M

5795 South University Drive

$18,500,000

$165/SF

Building Size

112,016 SF

Asset Type

Retail

Closing

Jun 29, 2025

AI

The property involved in this transaction is a retail asset located at 5795 South University Drive in Davie. The sale was completed at a transaction amount of $18,500,000, featuring a total square footage of 112,016 and a price per square foot of $165.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $18,500,000
  • Square Footage: 112,016
  • Price Per Square Foot: $165
  • Buyer: Jonathan Wizman - Davie Square Group
  • Seller: Southeast Properties
  • Broker: Gary Broidis - Atlantic Commercial Group

This deal involved Jonathan Wizman representing Davie Square Group as the buyer, while Southeast Properties acted as the seller in this retail property transaction. The representation for the deal was handled by broker Gary Broidis from Atlantic Commercial Group, facilitating the transfer between the buyer and the seller.

Players

Gary Broidis

Atlantic Commercial Group

Broker

$54.1M

vol

5 deals

Broker
Atlantic Commercial Group
Atlantic Commercial GroupBrokerage

Jonathan Wizman

Buyer

$52.7M

vol

6 deals

Buyer

Davie 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

0.86%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93