First American Bank Acquires Former Burger King Retail Property In Fort Lauderdale For $3.25M
1725 East Sunrise Boulevard
$3,250,000
$1,245/SF
Building Size
2,610 SF
Asset Type
Retail
Closing
Sep 11, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 1725 East Sunrise Boulevard in Fort Lauderdale. The sale price for this property was $3,250,000. It encompasses a total square footage of 2,610, translating to a price per square foot of $1,245.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,250,000
- Buyer: First American Bank
- Seller: Tal Levinson, Eric Malinasky & Michael Malinasky - Affiliated Capital Group
- Square Footage: 2,610
- Price Per Square Foot: $1,245
- Date of Transaction: 09/11/2026
- Market: Fort Lauderdale
Affiliated Capital Group announced the sale of a former Burger King located on Sunrise Boulevard. The firm had originally intended to lease this property long-term but concluded that selling to an end user was the optimal decision. Affiliated Capital Group is a commercial real estate investment firm that focuses on acquiring, developing, and leasing retail properties throughout Florida.
On the Map
$3,250,000
$1,245/SF
Retail
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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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93