Pliskin Realty & Development Acquires Retail Asset From Grover Corlew For $19.5M In Coral Springs
SOLD
$19,500,000
Florida
See Similar DealsRetail79,270 SF
Sold 01/28/2026
SOLD
Pliskin Realty & Development Acquires Retail Asset From Grover Corlew For $19.5M In Coral Springs
6221 West Sample Road
See Similar DealsRetail79,270 SF
Sold 01/28/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$246
Total Square Footage:79,270 SF
Transaction Type:Sale
The transaction involves a retail property located at 6221-6371 West Sample Road in Coral Springs. The sale price for the asset was $19,500,000, encompassing a total square footage of 79,270 and a price per square foot of $245.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $19,500,000
- Address: 6221-6371 West Sample Road
- Market: Coral Springs
- Sale Price: $19,500,000
- Square Footage: 79,270
- Price per Square Foot: $245
- Buyer: Pliskin Realty & Development
- Seller: Grover Corlew
- Brokers: Douglas K. Mandel, Zach Levine & Cody Hershey - Marcus & Millichap
Douglas K. Mandel, Zach Levine, and Cody Hershey, all affiliated with Marcus & Millichap, were the brokers representing the parties in this transaction between Pliskin Realty & Development and Grover Corlew.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,039,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$69,279.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$92,439.95
Annual Debt Service$1,109,279.38
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