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.
Players
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