Steven Bentolila Of Bento Property Group Represents Industrial Sale At 5115 Frontage Road North For $4M
SOLD
$4,000,000
Florida
See Similar DealsIndustrial54,000 SF
Sold 01/13/2025
SOLD
Steven Bentolila Of Bento Property Group Represents Industrial Sale At 5115 Frontage Road North For $4M
5115 Frontage Road North
See Similar DealsIndustrial54,000 SF
Sold 01/13/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$74
Total Square Footage:54,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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