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
Fort Lauderdale 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93