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2475 Clark Street

Brandon Johnson Of Catalyst Investment Partners Acquires Industrial Property For $7.5M In Orlando
SOLDIndustrial

Brandon Johnson Of Catalyst Investment Partners Acquires Industrial Property For $7.5M In Orlando

2475 Clark Street & 2501 Clark Street

$7,500,000

$86/SF

Building Size

86,550 SF

Asset Type

Industrial

Closing

Dec 20, 2024

AI

The asset involved in this transaction is an industrial property located at 2475 Clark Street and 2501 Clark Street in Orlando. The total square footage of the property is 43,275 square feet, and it was sold for a price of $7,500,000, which translates to a price per square foot of $173.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,500,000
  • Address: 2475 Clark Street & 2501 Clark Street
  • Market: Orlando
  • Square Footage: 43,275
  • Price per Square Foot: $173
  • Buyer: Brandon Johnson - Catalyst Investment Partners
  • Broker Representatives: Jerod Freeland & Lawson Dann - Foundry Commercial

This transaction featured notable figures in the real estate industry, with Brandon Johnson representing Catalyst Investment Partners as the buyer. The deal was facilitated by brokers Jerod Freeland and Lawson Dann from Foundry Commercial, emphasizing their roles in connecting the buyer with the property.

Players

Jerod Freeland

Foundry Commercial

Broker

$15M

vol

2 deals

Broker

Apopka Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93