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8901 Pembroke Road

George Gonzalo Purchases Retail Property From Victor Garcia For $8.3M In Pembroke Pines
SOLDRetail

George Gonzalo Purchases Retail Property From Victor Garcia For $8.3M In Pembroke Pines

8901 Pembroke Road

$8,300,000

$274/SF

Building Size

30,250 SF

Asset Type

Retail

Closing

Jul 23, 2026

AI

The retail asset located at 8901 Pembroke Road in Pembroke Pines has been sold for $8,300,000. The property comprises a total area of 30,250 square feet, leading to a price per square foot of $274.

Summary of transaction details:

This transaction involves key individuals including George Gonzalo as the buyer and Victor Garcia as the seller, with brokerage representation provided by Jonathan De La Rosa, Matthew Albregts, and Eddie Toledo from Marcus & Millichap.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$672.6M

vol

148 deals

Broker

George Gonzalo

N/A

Buyer

$8.3M

vol

1 deal

Buyer

Victor Garcia

N/A

Seller

$22.1M

vol

2 deals

Seller

Pembroke Pines 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

1.91%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93