facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

9615 West Sample Road

Edgar Gunness Acquires Retail Property In Coral Springs For $1.6M With Brokers Dylan Morse & Justin Walker
SOLDRetail

Edgar Gunness Acquires Retail Property In Coral Springs For $1.6M With Brokers Dylan Morse & Justin Walker

9615 West Sample Road

$1,600,000

$413/SF

Building Size

3,870 SF

Asset Type

Retail

Closing

Jun 22, 2025

AI

The retail asset located at 9615 West Sample Road in Coral Springs was sold for $1,600,000. The property spans 3,870 square feet, resulting in a price per square foot of $413.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $1,600,000
  • Buyer: Edgar Gunness
  • Seller: Michael Ciffolillo
  • Brokers: Dylan Morse & Justin Walker - Franklin Street
  • SF: 3,870
  • PPSF: $413

The transaction was executed with efficiency, featuring a competitive marketing process led by Franklin Street’s South Florida Retail Team. This resulted in a 45-day contract-to-close timeline, accompanied by a $200,000 non-refundable deposit on the first day.

Players

Dylan Morse

Franklin Street

Broker

$39.1M

vol

8 deals

Broker
Franklin Street
Franklin StreetBrokerage

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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93