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2501 North Normandy Boulevard

Len O'Donnell Of Affinius Capital Secures $73.7 Million Loan For Industrial Development In Deltona
FINANCEDIndustrial

Len O'Donnell Of Affinius Capital Secures $73.7 Million Loan For Industrial Development In Deltona

2501 North Normandy Boulevard

$73,700,000

$74/SF

Building Size

984,960 SF

Asset Type

Industrial

Closing

Jul 23, 2026

AI

The property asset involved in this transaction is a 984,960-square-foot industrial facility located at 2501 North Normandy Boulevard, Deltona, FL, situated on 19 acres. The financing for this property amounts to $73.7 million, tied to a three-year bridge loan utilized for refinancing previous construction financing. The property is fully leased to Amazon as part of the I-4 Logistics Park industrial development.

Summary of transaction details:

In this transaction, Len O'Donnell represents Affinius Capital as the landlord. The loan will support the initial phase of a larger 1.8 million-square-foot industrial development, directly indicating the strategic importance of this asset within that broader project framework.

Players

Len O'Donnell

Broker

$3.2B

vol

14 deals

Broker
First National Bank of Omaha
First National Bank of OmahaLender

Len O'Donnell

Affinius Capital

Landlord

$3.2B

vol

14 deals

Landlord

Deltona 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

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93