Local LLC Seller Represented By Salim Valiani & Yassin Benkabbou Sells Mixed-Use Property In Clermont For $11.3M
4300 Us Route 27
$11,300,000
$238/SF
Building Size
47,418 SF
Asset Type
Mixed-use
Closing
Mar 12, 2025
AI
The property involved in the transaction is a mixed-use asset located at 4300 South Highway 27 in Clermont. The sale price was $11,300,000, encompassing a total square footage of 47,418 and a price per square foot of $238. The asset comprises 4.3 acres of land, designed to accommodate retail and medical office uses.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $11,300,000
- Square Footage: 47,418
- Price Per Square Foot: $238
- Address: 4300 South Highway 27
- Market: Clermont
- Acres: 4.3
- Brokers: Salim Valiani & Yassin Benkabbou - Marcus & Millichap
Yassin Benkabbou and Salim Valiani represented the local LLC seller in the transaction, facilitating the brokerage through Marcus & Millichap for the sale of Legends Pointe.
Players
Clermont Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93