Lance Zar Of Zar Capital Group Purchases Retail Center In Pembroke Park For $5.85M

The property asset involved in the transaction is a retail center located at 3930 Pembroke Road in the Pembroke Park market. The sale price was $5,850,000, with a total square footage of 20,260, resulting in a price per square foot of $288.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $5,850,000
• Address: 3930 Pembroke Road
• Market: Pembroke Park
• Total Square Footage: 20,260
• Price Per Square Foot: $288
• Buyer: Lance Zar - Zar Capital Group
• Seller: Joao Vitor Texeira de Souza - Pembroke Retail Center
• Buyer's Representative: Daniel Fedida
• Seller's Representative: Caio Martin - Current Capital Realty

In this transaction, Caio Martin from Current Capital Realty represented the seller, while Daniel Fedida and SPC Capital Group represented the buyer. The retail center is anchored by a Wendy’s outparcel and includes 17 national and local tenants, situated on a heavily trafficked road.