Ultimate Realty Acquires Industrial Property In Orlando, FL For $8.5M
4000 Shader Road, Orlando, Florida 32808, United States
$8,500,000
$30/SF
Building Size
279,000 SF
Asset Type
Industrial
Closing
Apr 11, 2022
AI
An industrial property located at 4000 Shader Rd in Orlando, FL has been sold in a recent transaction. The property spans across 6.4 acres and has a total area of 279,000 square feet. The sale took place on April 12, 2022, with an impressive sale price of $8,500,000. The property is classified as an industrial asset, making it suitable for various industrial operations.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $8,500,000
- Address: 4000 Shader Rd, Orlando, FL
- Market: Orlando, FL
The buyer in this transaction was Ultimate Realty, while Angelo Gordon - Redfearn Capital acted as the seller. The deal was facilitated by David Murphy and Monica Wonus of CBRE, who served as brokers representing the respective parties. This transaction highlights the involvement of these key individuals and companies in the successful sale of the industrial property.
Players
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93