Perkins Realty Management Acquires Retail Asset From Game Properties For $26.5M In Coral Springs
901 North University Drive
$26,500,000
$333/SF
Building Size
79,381 SF
Asset Type
Retail
Closing
Oct 29, 2025
AI
This transaction involves a retail property located at 901 North University Drive in Coral Springs. The sale price was $26,500,000, with a total square footage of 79,381 and a price per square foot of $333.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $26,500,000
- Address: 901 North University Drive
- Market: Coral Springs
- Square Footage: 79,381
- Price Per Square Foot: $333
- Buyer: Perkins Realty Management
- Seller: Game Properties
- Buyer's Representative: Jeremy Milgroom - JAJ Realty
- Seller's Representative: John-Paul Piedra - Kerdyk Real Estate
This off-market transaction was represented by Jeremy Milgroom from JAJ Realty for the buyer and John-Paul Piedra from Kerdyk Real Estate for the seller. For further opportunities, Jeremy can be reached at 954-554-9852, and John-Paul at 305-300-4090.
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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93