Steven Bentolila Of Bento Property Group Represents Industrial Sale At 5115 Frontage Road North For $4M
5115 Frontage Road North
$4,000,000
$74/SF
Building Size
54,000 SF
Asset Type
Industrial
Closing
Jan 13, 2025
AI
The property involved in this transaction is an industrial asset located at 5115 Frontage Road North in Orlando. The sale price was $4,000,000, and the property encompasses 54,000 square feet, equating to a price per square foot of $74.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Address: 5115 Frontage Road North
- Market: Orlando
- Square Footage: 54,000
- Price per Square Foot: $74
- Broker: Steven Bentolila - Bento Property Group
Steven Bentolila represented the transaction for the involved parties as the broker from Bento Property Group, facilitating the deal for this substantial industrial property in the Orlando market.
Lakeland 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93