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5115 Frontage Road North

Steven Bentolila Of Bento Property Group Represents Industrial Sale At 5115 Frontage Road North For $4M
SOLDIndustrial

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:

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.

Players

Steven Bentolila

Bento Property Group

Broker

$74.2M

vol

11 deals

Broker

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