John Nassif Sells Retail Property At 5601-5619 S Dixie Hwy West Palm Beach For $2.6M
East Atlantic Boulevard
$2,600,000
$431/SF
Building Size
6,030 SF
Asset Type
Retail
Closing
Dec 23, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 5601-5619 S Dixie Hwy in West Palm Beach. It was sold for a total of $2,600,000, encompassing a total square footage of 6,030. The price per square foot for this transaction was calculated at $431.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,600,000
- Square Footage: 6,030
- Address: 5601-5619 S Dixie Hwy
- Market: West Palm Beach
The seller of the property is John Nassif. The transaction was facilitated by brokers Grant Steinberg and Rob Goldberg from Matthews, who represented the involved parties throughout the deal.
On the Map
$2,600,000
$431/SF
Retail
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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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93