CBRE Brokers Benjamin Silver & Kelley Greenstein Sell Retail Property In Coconut Creek For $21.5M
Coconut Creek Parkway
$21,500,000
$175/SF
Building Size
122,474 SF
Asset Type
Retail
Closing
Jun 1, 2026
About this deal
AI
The property asset involved in the transaction is located at 5233-5281 Coconut Creek Pkwy in the Coconut Creek market. The retail asset has a total square footage of 122,474 and was sold for a transaction price of $21,500,000, equating to a price per square foot of $175.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $21,500,000
- Address: 5233-5281 Coconut Creek Pkwy
- Market: Coconut Creek
- Square Footage: 122,474
- Price Per Square Foot: $175
- Brokers: Benjamin Silver & Kelley Greenstein - CBRE
The transaction involved the brokerage representation of Benjamin Silver and Kelley Greenstein from CBRE, who facilitated the sale of the retail property in Coconut Creek.
On the Map
$21,500,000
$175/SF
Retail
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Pompano Beach 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
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93