Benjamin Silver, Kelley Greenstein & Leslie Maister Of CBRE Sells Retail Asset For $18.3M In Coral Springs
850 Riverside Drive
$18,300,000
$196/SF
Building Size
93,067 SF
Asset Type
Retail
Closing
Jul 1, 2026
AI
The property asset involved in this transaction is a retail space located at 850 Riverside Drive in Coral Springs. The sale price of the property was $18,300,000, encompassing a total area of 93,067 square feet, which translates to a price per square foot of $196.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,300,000
- Square Footage: 93,067
- Price per Square Foot: $196
- Address: 850 Riverside Drive
- Market: Coral Springs
The deal was represented by brokers Benjamin Silver, Kelley Greenstein, and Leslie Maister from CBRE, who facilitated the transaction without any additional information pertaining to the buyers or sellers in the context provided.
Players
Coral Springs Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93