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7550 Southland Boulevard

Basis Industrial Acquires Industrial Property In Orlando For $32M
SOLDIndustrial

Basis Industrial Acquires Industrial Property In Orlando For $32M

7550 Southland Boulevard

$32,000,000

$126/SF

Building Size

254,000 SF

Asset Type

Industrial

Closing

Nov 30, 2022

AI

The industrial property located at 7550 - 7800 Southland Blvd in Orlando has been sold in a recent transaction. The property spans over 254,000 square feet and was sold for a total price of $32,000,000. The buyer of the property is Basis Industrial. The sale price per square foot is $126.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $32,000,000
  • Square Footage: 254,000
  • Price Per Square Foot: $126
  • Address: 7550 - 7800 Southland Blvd, Orlando
  • Market: Orlando

Ronald J. Rogg from CBRE represented Basis Industrial as the broker in this transaction.

Players

Ronald Rogg

CBRE

Broker

$524.7M

vol

14 deals

Broker
Basis Industrial
Basis IndustrialBrokerage

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

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93