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4805 Sand Lake Road, Orland...

Eisenberg Investment Group Acquires Industrial Property In Orlando For $14.5M
SOLDIndustrial

Eisenberg Investment Group Acquires Industrial Property In Orlando For $14.5M

4805 Sand Lake Road, Orlando, FL, USA

$14,500,000

$75/SF

Building Size

192,700 SF

Asset Type

Industrial

Closing

Feb 21, 2021

AI

Eisenberg Investment Group has acquired an industrial property located at 4805 W. Sand Lake Road in Orlando. The property, measuring 192,700 square feet, was sold by GES for a total price of $14,500,000. With an approximate value of $75 per square foot, the property sits on a 17-acre lot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $14,500,000
  • Address: 4805 W. Sand Lake Road, Orlando
  • Market: Orlando
  • Square Footage: 192,700
  • Price per Square Foot: $75
  • Acres: 17

The acquisition was facilitated by a team of brokers from Cushman & Wakefield, including Skye Cook, Brad Torell, Jared Bonshire, David Perez, Taylor Zambito, Rick Colon, Mike Davis, and Rick Brugge. They represented both the buyer, Eisenberg Investment Group, and the seller, GES, in the transaction.

Players

David Perez

Cushman & Wakefield

Broker

$169.2M

vol

8 deals

Broker

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

1.09%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93