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1901 Summit Tower BLVD, Orl...

Cole Scott & Kissane, P.A Leases 18000 Square Feet At 1901 Summit Tower Blvd Orlando
LEASED

Cole Scott & Kissane, P.A Leases 18000 Square Feet At 1901 Summit Tower Blvd Orlando

1901 Summit Tower BLVD, Orlando, FL...

Building Size

18,000 SF

Asset Type

Closing

Nov 22, 2023

AI

The property involved in this transaction is located at 1901 Summit Tower Blvd, Orlando, FL. It encompasses 18,000 square feet in the Orlando market, and the landlord for this lease is FCA.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1901 Summit Tower Blvd, Orlando, FL
  • Market: Orlando
  • Tenant: Cole Scott & Kissane, P.A
  • Landlord: FCA
  • Tenant's Representative: Michael Phipps, CBRE

This lease transaction involved key figures such as the tenant, Cole Scott & Kissane, P.A, and their representative, Michael Phipps from CBRE, who facilitated the agreement with the landlord, FCA.

Players

Michael Phipps

CBRE

Broker

4 deals

Broker
FCA
FCALandlord

Orlando CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93