LBA Logistics Acquires Sand Lake Commerce Center In Orlando For $26.4M
SOLD
$26,400,000
Florida
See Similar DealsCommercial230,117 SF
Sold 06/17/2020
SOLD
LBA Logistics Acquires Sand Lake Commerce Center In Orlando For $26.4M
7705 Winegard Rd, Orlando, FL, 32824
See Similar DealsCommercial230,117 SF
Sold 06/17/2020
Summary
FLORIDA
Asset Type:Commercial
Price Per Square Foot:$114
Total Square Footage:230,117 SF
Transaction Type:Sale
The Sand Lake Commerce Center, a two-building Class A commercial property located at 7705 Winegard Rd, Orlando, FL, 32824, was sold for $26,400,000.00. Spanning across 230,117 square feet, this industrial asset is situated near Orlando International Airport in the Orlando market.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $26,400,000.00
- Seller's Representative: Zach Eichholtz (Cushman & Wakefield)
- Buyer: LBA Logistics
LBA Logistics, the buyer of the Sand Lake Commerce Center, is an Irvine, Calif.-based industrial real estate investment and management firm. The property was acquired from the owner and developer, McDonald Development Co.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,408,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$93,793.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$125,149.47
Annual Debt Service$1,501,793.62
Is there something missing? Send suggestions