Updated Oct 13, 2026
Mac Lee Of BLP Acquires Industrial Asset From Pepsi/Frito-Lay For $19.95M In Orlando & Tampa
998 John Young Parkway & 1425 Tech Boulevard
$19,950,000
$161/SF
Building Size
73,000 SF
Asset Type
Industrial
Closing
Jun 15, 2025
About this deal
AI
This transaction involves an industrial asset located at 998 John Young Parkway and 1425 Tech Boulevard, situated in the Orlando and Tampa markets. The sale price was $19,950,000, with a total square footage of 124,428 and a price per square foot of $160. The property encompasses 57 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $19,950,000
- Buyer: Mac Lee - BLP
- Seller: Pepsi/Frito-Lay
- Square Footage: 124,428
- Price per Square Foot: $160
- Acres: 57
The buyer, Mac Lee, represents BLP, while the seller in this transaction is Pepsi/Frito-Lay. The locations involved are strategically positioned to serve the Orlando and Tampa industrial markets, potentially enhancing logistics and distribution capabilities for future operations.
On the Map
$19,950,000
$161/SF
Industrial
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Players
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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93