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Ark Restaurants Acquires Retail Property In Deerfield Beach For $11M

300 Northeast 21st Avenue
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This Retail property located in FL was sold for $11,000,000 about 3 years ago. The broker of the deal was Jaime Sturgis

Ark Restaurants has acquired a retail property in Deerfield Beach for $11,000,000. The property, located at 300 Northeast 21st Avenue, spans 9,777 square feet and sits on a 1.5-acre lot. The purchase price per square foot for this transaction was $1,125, while the price per acre was approximately $7,333,333.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $11,000,000
  • Square Footage: 9,777
  • Address: 300 Northeast 21st Avenue
  • Market: Deerfield Beach

The seller of the property, known as Boyle Beach House and owned by John Boyle, was represented by Jaime Sturgis from Native Realty. Jaime Sturgis also acted as the broker in this deal. This transaction highlights Ark Restaurants' expansion into the retail sector in Deerfield Beach.

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Deals
  • Location
    300 Northeast 21st Avenue, Deerfield Beach, FL, USA300 Northeast 21st Avenue, Deerfield Beach, FL, USA
  • Sale Price
    $11,000,000$11,000,000
    $1,125 PPSF$1,125 PPSF
  • Area
    9,777 SF9,777 SF
  • Asset Type
    RetailRetail
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Jaime Sturgis

Jaime Sturgis

Deals14
Sold$107.9M

Agency

Native Realty

Native Realty

Agency
Deals22
Volume$144M

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Deal Summary

SALE IMAGE: Jaime Sturgis DATE: 03/23/2021 ADDRESS: 300 Northeast 21st Avenue MARKET: Deerfield Beach ASSET TYPE: Retail BUYER: Ark Restaurants SELLER: Boyle Beach House - John Boyle BROKER: Jaime Sturgis - Native Realty PRICE: $11,000,000 SF: 9,777 ~ PPSF: $1,125 ACRES: 1.5 ~ PPA: $7,333,333

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300 Northeast 21st Avenue

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