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
Orlando Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Deal FAQ
Browse Orlando mixed use leases on Traded.
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