Jason Zheng Acquires Retail Property In Davie From Jonathan Wizman For $6.85M
7162 Stirling Road
$6,850,000
$304/SF
Building Size
22,517 SF
Asset Type
Retail
Closing
Aug 21, 2025
About this deal
AI
This retail asset, located at 7110-7162 Stirling Road in Davie, was sold for $6,850,000. The property encompasses a total square footage of 22,517, which results in a price per square foot of $304.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,850,000
- Square Footage: 22,517
- Price Per Square Foot: $304
- Buyer: Jason Zheng - 7110 Plaza
- Seller: Jonathan Wizman
- Broker: Drew Kristol - Marcus & Millichap
- Transaction Date: 08/22/2025
- Market: Davie
Drew Kristol from Marcus & Millichap represented the seller, Jonathan Wizman, in this transaction, facilitating the process of the sale to buyer Jason Zheng, who is associated with 7110 Plaza.
On the Map
$6,850,000
$304/SF
Retail
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Players
Hollywood 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
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93