LEASEDRetail
FCA Leases 38292 Square Feet At 397 E Altamonte Dr Managed By Charlotte Manley Kimco Realty Corp
397 East Altamonte Drive
Building Size
38,292 SF
Asset Type
Retail
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in the transaction is located at 397 E Altamonte Dr, Altamonte Springs. It encompasses a total square footage of 38,292 and is under the ownership of FCA.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 397 E Altamonte Dr, Altamonte Sprin...
- Landlord: FCA
- Landlord’s Representative: Charlotte Manley - Kimco Realty Corp
Charlotte Manley represents the landlord, FCA, in this lease transaction, facilitating the agreement and ensuring the interests of the landlord are met throughout the process.
Players
FCALandlord
Altamonte Springs Retail Market Snapshot
Boundary boundary · Retail · 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