facebook
Traded Co logo
Submit

Infinity Properties USA Acquires 86K SF Industrial Property In Kissimmee For $9.1M

Property Image
SOLD
$9,125,000

Florida

See Similar Deals
Industrial86,000 SF
Sold 12/20/2021
the dealplayerscompscontact
Property Image
SOLD

Infinity Properties USA Acquires 86K SF Industrial Property In Kissimmee For $9.1M

2750 Michigan Avenue, Kissimmee, Florida 34744, United States

See Similar Deals
Industrial86,000 SF
Sold 12/20/2021
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$106
Total Square Footage:86,000 SF
Transaction Type:Sale

An off-market industrial property located at 2750 Michigan Ave in Kissimmee (Orlando MSA) has been sold for $9,125,000. The property consists of six buildings spanning over 86,000 square feet on a 6.5-acre lot. It includes four pristine small-bay buildings and two retail/flex buildings strategically positioned near the Turnpike, providing convenient access to Orlando International Airport and Walt Disney World Resorts. This transaction took place on December 20, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $9,125,000
  • Square Footage: 86,000
  • Address: 2750 Michigan Ave, Kissimmee
  • Market: Kissimmee

The buyer, Infinity Properties USA, led by Shane Decker and Brett Schlacter, specializes in light industrial flex product acquisitions. This is their 8th industrial deal this year, adding to their growing portfolio. The acquisition was made off-market and was sourced in-house by Pamela McCleod, Infinity's Director of Acquisitions. Infinity Properties USA has been active in the Orlando MSA, with plans to acquire another 800,000 square feet of assets in 2022. With this latest purchase, they now manage over 200,000 square feet in the area.

For more information or to inquire about joining the acquisition team at Infinity Properties, reach out to Shane Decker at [email protected].

Players

Pamela McCleod
1 deal$9.1M volume
BROKER

Details

SOLD
IMAGE: Brett Schlacter, Shane Decker & Pamela McCleod DATE: 12/20/2021 ADDRESS: 2750 Michigan Ave MARKET: Kissimmee ASSET TYPE: Industrial BUYER: Infinity Properties USA - Shane Decker (@ShaneDecks), Brett Schlacter (@Brett.Schlacter) & Pamela McCleod (@PamelaMccleod_Real_Estate) SELLER: Randy Weber BROKER: Pamela McCleod - One Commercial, LLC SALE PRICE: $9,125,000 SF: 86,000 ~ PPSF: $106 NOTE FROM BUYER: Infinity Properties is one of Florida’s top buyers for light industrial flex product, acquiring 27 buildings and over $75,000,000 worth of deals in 2021. Infinity Properties, led by Shane Decker and Brett Schlacter, closed on their 8th industrial deal this year, adding 86,000 square feet to their portfolio with a $9,125,000 off-market purchase located at 2750 Michigan Ave in Kissimmee (Orlando MSA). The deal was sourced in-house by Pamela McCleod, Infinity’s Director of Acquisitions, and includes 6 buildings fronting busy Michigan Ave sitting on over 6.5 acres. The deal closed December 20. The asset consists of four pristine, small-bay buildings and two retail/flex buildings strategically located just minutes off the Turnpike, which is centrally located between Orlando’s International Airport and the Walt Disney World Resorts, and within the largest light industrial/flex commerce park of its kind in the area. Infinity Properties closed on a $10,000,000 3-building portfolio purchase earlier this year in Orlando consisting of near identical product (small-bay) in Longwood. This brings Infinity to over 200,000 square feet of assets under management in the Orlando MSA with plans to acquire another 800,000 square feet in 2022. If you want to do big deals and want to change the trajectory of your financial position in life, come join the acquisition team at Infinity Properties. We have a beautiful office on Bay Harbor Island, Miami and would love to welcome you. Reach out to [email protected]

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$486,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$32,419.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,257.16
Annual Debt Service$519,085.86