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7575 Dr. Phillips Boulevard

Updated Dec 10, 2024

Darby Hold Of Hold-Thyssen Represents Financial Way Realty In Lease To Florida Center For Orthopaedics
LEASEDMixed-use

Darby Hold Of Hold-Thyssen Represents Financial Way Realty In Lease To Florida Center For Orthopaedics

7575 Dr. Phillips Boulevard

Building Size

1,351 SF

Asset Type

Mixed-use

Closing

Dec 5, 2024

About this deal

AI

The property asset involved in the transaction is a mixed-use space located at 7575 Dr. Phillips Boulevard in Orlando. The total square footage of the lease is 1,351 square feet. Financial Way Realty, Inc is the landlord in this agreement, leasing the premises to the tenant, Florida Center for Orthopaedics Inc.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed
  • Address: 7575 Dr. Phillips Boulevard
  • Market: Orlando
  • Landlord: Financial Way Realty, Inc
  • Tenant: Florida Center for Orthopaedics Inc.
  • Landlord's Representative: Darby Hold - Hold-Thyssen & Inc
  • Tenant's Representative: Brooks Robinson - JLL

This lease was facilitated by negotiations led by Darby Hold representing the landlord, Financial Way Realty, Inc, while Brooks Robinson represented the tenant, Florida Center for Orthopaedics Inc. The transaction includes a multi-year lease agreement and took place in the fully leased Phillips Place in Southwest Orlando.

Players

Darby Hold

Hold-Thyssen, Inc

Broker

2 deals

Broker

Orlando Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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