David Ragno Of DRG Real Estate LLC Acquires Retail Space From The Geneva Group For $7.4M
9830 West Sample Road
$7,395,000
$285/SF
Building Size
25,905 SF
Asset Type
Retail
Closing
Dec 14, 2025
AI
The property involved in this transaction is a retail space located at 9830-9880 West Sample Road in Coral Springs. The asset spans 25,905 square feet and was sold for a total price of $7,395,000, resulting in a price per square foot of $285.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,395,000
- Address: 9830-9880 West Sample Road
- Market: Coral Springs
- Square Footage: 25,905
- Price per Square Foot: $285
- Buyer: David Ragno - DRG Real Estate LLC
- Seller: The Geneva Group
- Brokers: Douglas K. Mandel, Zach Levine, Cody Hershey & Tarek Chbeir - Marcus & Millichap
This transaction was facilitated by a team of brokers from Marcus & Millichap, comprising Douglas K. Mandel, Zach Levine, Cody Hershey, and Tarek Chbeir, who represented the parties involved in the deal. The buyer, David Ragno, is affiliated with DRG Real Estate LLC, while the seller is identified as The Geneva Group.
Players
Coral Springs 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
2.15%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93