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9830 West Sample Road

David Ragno Of DRG Real Estate LLC Acquires Retail Space From The Geneva Group For $7.4M
SOLDRetail

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

Douglas K. Mandel

Marcus & Millichap

Broker

$1.1B

vol

72 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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