Davie Plaza

22,517-Square-Foot Retail Center Near Fort Lauderdale Sells for $6.9 Million

by Abby Cox

Davie, Fla. — Davie Plaza Group LLC has sold Davie Plaza, a 22,517-square-foot retail strip center located in the Fort Lauderdale suburb of Davie, for $6.9 million. The property was 96 percent leased at the time of sale and features a mix of tenants including a Subway, nail salon and law office. Originally built in 1970, the retail center is situated on 2 acres, according to LoopNet Inc. Drew Kristol and Kirk Olson of Marcus & Millichap represented the seller, a local South Florida investor doing business as Davie Plaza Group LLC, in the transaction. The buyer was an entity doing business as 7110 Plaza LLC.

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