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RK Centers Acquires Retail Property In Davie For $28.7 Million

5800 South University Drive
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This Retail property located in FL was sold for $28,700,000 about 2 years ago. The broker of the deal was Dennis Carson

Located in Davie, the retail property at 5800 South University Drive was recently sold for $28,700,000. The transaction was completed on January 11, 2022. The property covers an area of 10.3 acres and offers 79,746 square feet of space. The price per square foot for this deal was $360.

Summary of Transaction Details:

  • Property Type: Retail
  • Transaction Amount: $28,700,000
  • Address: 5800 South University Drive
  • Market: Davie
  • Acreage: 10.3
  • Square Footage: 79,746

RK Centers purchased the property from Edens in this transaction. The deal was facilitated by Dennis Carson of CBRE, who represented the buyer. This sale marks another successful transaction for Carson and CBRE.

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Deals
  • Location
    5800 South University Drive, Davie, Florida 33328, United States5800 South University Drive, Davie, Florida 33328, United States
  • Sale Price
    $28,700,000$28,700,000
    $359 PPSF$359 PPSF
  • Area
    79,746 SF79,746 SF
  • Asset Type
    RetailRetail
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Dennis Carson

Dennis Carson

Deals11
Sold$368.5M

Agency

CBRE

CBRE

Agency
Deals4229
Volume$184.3B

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Deal Summary

SALE IMAGE: Dennis Carson DATE: 01/11/2022 ADDRESS: 5800 South University Drive MARKET: Davie ASSET TYPE: Retail ~ ACRES: 10.3 BUYER: RK Centers SELLER: Edens BROKER: Dennis Carson - CBRE SALE PRICE: $28,700,000 SF: 79,746 ~ PPSF: $360

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5800 South University Drive

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