Jason Zheng Acquires Retail Property In Davie From Jonathan Wizman For $6.85M
SOLD
$6,850,000
Florida
See Similar DealsRetail22,517 SF
Sold 08/22/2025
SOLD
Jason Zheng Acquires Retail Property In Davie From Jonathan Wizman For $6.85M
7162 Stirling Road
See Similar DealsRetail22,517 SF
Sold 08/22/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$304
Total Square Footage:22,517 SF
Transaction Type:Sale
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.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$365,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,336.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,472.49
Annual Debt Service$389,669.94
Is there something missing? Send suggestions