facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Loan

/

777 Central Boulevard

Ocean Bank Provides $4.6M Refinance Loan For Industrial Property In Orlando Owned By Clay & Brad Cowherd
FINANCEDIndustrial

Ocean Bank Provides $4.6M Refinance Loan For Industrial Property In Orlando Owned By Clay & Brad Cowherd

777 Central Boulevard

$4,600,000

$82/SF

Building Size

55,937 SF

Asset Type

Industrial

Closing

Apr 21, 2025

AI

The asset involved in this transaction is an industrial property located at 777 West Central Boulevard, Orlando, with a total square footage of 55,937. The loan amount secured for this property is $4,600,000, categorized as a refinance. The lender for this transaction is Ocean Bank.

Summary of transaction details:

The transaction is facilitated by Ziv Cohen from Cohen Capital Group, representing the interests of the landlord, Clay & Brad Cowherd. This refinancing deal indicates ongoing investment in the industrial market within the Orlando area.

Players

Ziv Cohen

Cohen Capital Group

Broker

$26.8M

vol

5 deals

Broker
Ocean Bank
Ocean BankLender

Orlando Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93