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4000 Shader Road

Automotive Properties REIT Acquires Industrial Asset In Orlando For $16.8 Million
SOLDIndustrial

Automotive Properties REIT Acquires Industrial Asset In Orlando For $16.8 Million

4000 Shader Road

$16,800,000

$480/SF

Building Size

34,938 SF

Asset Type

Industrial

Closing

Sep 17, 2025

AI

The property asset involved in the transaction is located at 4000 Shader Road in Orlando. This industrial asset features a total square footage of 34,938 and spans across 6.4 acres. The transaction took place for a sale price of $16,800,000, resulting in a price per square foot of $480.

Summary of transaction details:

This transaction involved key players including Automotive Properties REIT as the buyer and Ultimate Realty represented by Mark Sabbagh and Michael Sabbagh as the sellers. The brokers facilitating the deal included Josh Katlin, Cody Brais, and Luis Castillo from JLL, who played a significant role in connecting the buyer and seller.

Players

Luis Castillo

JLL

Broker

$2.1B

vol

55 deals

Broker
Mark Sabbagh

Mark Sabbagh

Ultimate Realty

Seller

$109.7M

vol

11 deals

Seller

Orlando 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

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93