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850 Riverside Drive

Benjamin Silver, Kelley Greenstein & Leslie Maister Of CBRE Sells Retail Asset For $18.3M In Coral Springs
SOLDRetail

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

Benjamin Silver

CBRE

Broker

$277M

vol

37 deals

Broker

Coral Springs 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

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93