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
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