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Raul Pino Captures Image Of $31M North Lauderdale Retail Sale

7300 West McNab Road
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This Retail property located in FL was sold for $31,000,000 almost 2 years ago. The brokers of the deal were Ronnie Issenberg, Kevin O’Hanlon, Ricardo Esteves, Gabriel Britti, Raul Pino, and Dennis Carson

The Arena Shoppes in North Lauderdale, Florida have been sold in a recent transaction. The retail property, located at 7300 W McNab Rd, was sold for a total price of $31,000,000. It spans across 167,684 square feet, resulting in a price per square foot of $185. The sale took place on June 15, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $31,000,000
  • Property Address: 7300 W McNab Rd
  • Market: North Lauderdale

The seller, Oscar Rodriguez, was represented by Carson Dennis from CBRE. On the other hand, the buyer's representative was Raul Pino from The Hype Real Estate Group. This transaction marks another success for @TheWolfofSouthFL, who facilitated the deal. The Arena Shoppes present a promising opportunity for the buyer, with great potential for growth and profitability.

Note from @TheWolfofSouthFL: We’re excited to announce the sale of Arena Shoppes in North Lauderdale, Florida. As specialists in sourcing off-market opportunities, we were able to match the seller with a strong buyer for this shopping center and out-parcel. If you're interested in similar opportunities, feel free to reach out to us at 786-503-5583.

View Related

Deals
  • Location
    7300 West Mcnab Road, North Lauderdale, Florida 33068, United States7300 West Mcnab Road, North Lauderdale, Florida 33068, United States
  • Sale Price
    $31,000,000$31,000,000
    $180 PPSF$180 PPSF
  • Area
    172,184 SF172,184 SF
  • Asset Type
    RetailRetail
  • Parties
    6 Brokers, 3 Agencies6 Brokers, 3 Agencies

Agents

Kevin O’Hanlon

Kevin O’Hanlon

Deals2
Sold$36.4M

Dennis Carson

Dennis Carson

Deals11
Sold$368.5M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

The Hype Real Estate Group

The Hype Real Estate Group

Agency
Deals40
Volume$193M

CBRE

CBRE

Agency
Deals4230
Volume$184.3B

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Deal Summary

SALE IMAGE: Raul Pino DATE: 06/15/2022 ADDRESS: 7300 W McNab Rd MARKET: North Lauderdale ASSET TYPE: Retail SELLER: Oscar Rodriguez BUYER'S REP: Raul Pino (@TheWolfofSouthFL) - The Hype Real Estate Group (@TheHypeRealEstateGroup) SELLER'S REP: Carson Dennis - CBRE SALE PRICE: $31,000,000 SF: 167,684 ~ PPSF: $185 NOTE FROM @TheWolfofSouthFL: We’re happy to announce the sale of Arena Shoppes in North Lauderdale, Florida. We have a long relationship with the Seller and were able to bring them a strong buyer to acquire this shopping center and out-parcel. There is great upside on this deal, which the buyer will be able to take advantage of. We specialize in sourcing off-market opportunities for both buyers and sellers in the industrial, retail, multifamily, and land spaces. Call us for more deals! 786-503-5583

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