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Coconut Creek Parkway

CBRE Brokers Benjamin Silver & Kelley Greenstein Sell Retail Property In Coconut Creek For $21.5M
SOLDRetail

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

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.

Players

Benjamin Silver

CBRE

Broker

$255.5M

vol

36 deals

Broker

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