Updated Sep 14, 2026
Ultimate Realty Acquires Industrial Park In Orlando For $5.15M
5220 Ciron Circle, Orlando, FL
$5,150,000
$117/SF
Building Size
43,908 SF
Asset Type
Industrial
Closing
May 25, 2023
About this deal
AI
An industrial park consisting of three buildings located at 5220 Ciron Circle in Orlando, FL has been sold in a closed transaction. The property spans a total of 43,908 square feet and was sold for a price of $5,150,000, resulting in a price per square foot of $117. The seller of the property is Ozinus Giron.
Summary of transaction details:
- Property Type: Industrial Park (3 Building)
- Sale Price: $5,150,000
- Square Footage: 43,908
- Price Per Square Foot: $117
- Address: 5220 Ciron Circle, Orlando, FL
- Market: Orlando, FL
The buyer in this transaction is Ultimate Realty, represented by Mark Sabbagh & Michael Sabbagh. They acquired the property from the seller, Ozinus Giron. The mortgage for this transaction was brokered by Max Kra from Ackman Ziff.
On the Map
$5,150,000
$117/SF
Industrial
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Players
Miami 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93