Bill Sahni Purchases Retail Asset At 5601 Okeechobee Blvd For $2.2M As Buyer's Broker Grant Steinberg
Okeechobee Blvd
$2,200,000
$382/SF
Building Size
5,750 SF
Asset Type
Retail
Closing
Oct 2, 2026
About this deal
AI
The retail property located at 5601 Okeechobee Blvd in West Palm Beach, FL has been sold for $2,200,000. The asset encompasses a total of 5,750 square feet, resulting in a price per square foot of $382.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,200,000
- Buyer: Bill Sahni
- Seller: Chris Vecchiarelli
- Broker: Grant Steinberg - Matthews
Bill Sahni has acquired the property from seller Chris Vecchiarelli, with Grant Steinberg representing Matthews as the broker in this transaction.
The retail sale at Okeechobee Blvd in West Palm Beach, Florida sold for $2.2M in 2026. The building is 5,750 square feet, implying about 382 per square foot on the published price. Grant Steinberg, Bill Sahni, Chris Vecchiarelli, Matthews appear on the sale alongside Matthews. This page is the West Palm Beach, Florida file for the Okeechobee Blvd retail sold: pricing, party profiles, and other closed retail comps from the same West Palm Beach sit in the Market section below. Filter that West Palm Beach retail set by closing date to see what else sold near Okeechobee Blvd around 2026. Published consideration for Okeechobee Blvd is $2.2M, dated 2026. Cite this Bill Sahni Purchases Retail Asset At 5601 Okeechobee Blvd For $2.2M As Buyer's Broker Grant Steinberg sale when underwriting similar retail product around West Palm Beach, Florida.
On the Map
$2,200,000
$382/SF
Retail
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West Palm 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93