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9645 Westview Dr Coral Spri...

Williams Jimmy Sells Retail Property On Westview Drive In Coral Springs For $26.5M
SOLDRetail

Williams Jimmy Sells Retail Property On Westview Drive In Coral Springs For $26.5M

9645 Westview Dr Coral Springs, FL 33076, USA

$26,500,000

$232/SF

Building Size

114,000 SF

Asset Type

Retail

Closing

Aug 22, 2023

AI

A retail property located at 9645 Westview Drive in Coral Springs has been sold for $26,500,000. The property spans 114,000 square feet, resulting in a price per square foot of $232.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $26,500,000
  • Square Footage: 114,000
  • Address: 9645 Westview Drive, Coral Springs

The seller of the property is Williams Jimmy. The deal was facilitated by two brokers, Moshe Biton from Capital Group Realty and Lena Zubkova from Apogee Realty.

If you are interested in exclusive commercial real estate opportunities beyond the conventional market, the brokers can be contacted for more information. Moshe Biton can be reached at 954.608.7008 or [email protected], while Lena Zubkova's contact details are 786.859.6879 or [email protected].

Players

Lena Zubkova

Apogee Realty

Broker

$104.3M

vol

7 deals

Broker

Market 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