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12 East Sunrise Boulevard

Barry Stoler Of Stoler Automotive Acquires Holman Honda Dealership For $44.8M In Fort Lauderdale
SOLDRetail

Barry Stoler Of Stoler Automotive Acquires Holman Honda Dealership For $44.8M In Fort Lauderdale

12 East Sunrise Boulevard, 907-911 N.e. 2nd Ave & 911 Northeast 2nd Avenue

$44,800,000

$468/SF

Building Size

95,720 SF

Asset Type

Retail

Closing

Aug 7, 2026

AI

A retail property located at 12 East Sunrise Boulevard and 907-911 Northeast 2nd Avenue in Fort Lauderdale, FL has been sold for $44.8 million. This 6.85-acre asset encompasses a total square footage of 95,720, translating to a price per square foot of $468.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $44,800,000
  • Buyer: Barry Stoler - Stoler Automotive
  • Seller: Holman Automotive
  • Lender: Toyota Motor Credit Corp
  • Mortgage Amount: $39,920,000
  • Acres: 6.85
  • Square Footage: 95,720
  • Price per Square Foot: $468

The deal involved Barry Stoler representing Stoler Automotive in the acquisition from Holman Automotive. The financial backing for the transaction was provided by Toyota Motor Credit Corp, which facilitated a mortgage for the property.

Players

Barry Stoler

Stoler Automotive

Buyer
Buyer
HA
Holman AutomotiveSeller
TC
Toyota Motor Credit CorpLender

Fort Lauderdale 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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93