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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $8,300,000
- Address: 8901 Pembroke Road
- Market: Pembroke Pines
- Square Footage: 30,250
- Price per Square Foot: $274
- Buyer: George Gonzalo
- Seller: Victor Garcia
- Brokers: Jonathan De La Rosa, Matthew Albregts & Eddie Toledo - Marcus & Millichap
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.
On the Map
$8,300,000
$274/SF
Retail
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Players
Pembroke Pines 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93