Private New York Group Acquires Springdale Town Center Retail Center For $7 Million
11530 Springfield Pike & 11568 Springfield Pike
$7,000,000
$81/SF
Building Size
43,071 SF
Asset Type
Retail
Closing
Oct 28, 2026
About this deal
AI
The property asset involved in this transaction is a retail and medical center located at 11530-11568 Springfield Pike in Springdale, OH. The sale price for the asset was $7,000,000, with a total square footage of 43,071. The property has a price per square foot (PPSF) of $163 and was built in 2007.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $7,000,000
- Address: 11530-11568 Springfield Pike
- Market: Springdale, OH
- Square Footage: 43,071
- Price per Square Foot: $163
- Brokers: Bob Havasi & Dan Cooper - Cooper Group
- Seller: An East Coast-based private investment group
- Buyer: A private New York group
- Asking Price Percentage: 99%
The deal was negotiated by Cooper Commercial Investment Group, and Bob Havasi and Dan Cooper represented the seller in this transaction, highlighting their involvement in facilitating the sale. The buyer's representation details were not specified in the provided information.
On the Map
$7,000,000
$81/SF
Retail
View full map
Players
Old Westbury Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Dan Cooper to view all their deals.
Browse Old Westbury retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93