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101 Central Florida Parkway

Academy Bus Acquires Industrial Property From McNulty Group Incorporated In Orlando For $8.9M
SOLDIndustrial

Academy Bus Acquires Industrial Property From McNulty Group Incorporated In Orlando For $8.9M

101 Central Florida Parkway

$8,900,000

Building Size

Asset Type

Industrial

Closing

Apr 16, 2025

AI

The property involved in this transaction is an industrial asset located at 101 Central Florida Parkway in the Orlando market. The sale price of the property was $8,900,000, and it encompasses 30,157 square feet, which breaks down to a price per square foot of $295.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,900,000
  • Address: 101 Central Florida Parkway
  • Market: Orlando
  • Square Footage: 30,157
  • Price Per Square Foot: $295
  • Buyer: Academy Bus
  • Seller: McNulty Group Incorporated
  • Buyer's Representative: Santiago Acevedo & Rich DeGirolamo - Compass Commercial

This transaction was facilitated with the representation of Santiago Acevedo and Rich DeGirolamo from Compass Commercial, who acted on behalf of Academy Bus. The seller in this transaction is McNulty Group Incorporated, highlighting the roles of the brokerage team in executing this deal within the industrial sector.

Players

Santiago Acevedo

Compass

Broker

$63M

vol

12 deals

Broker

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

1.78%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93