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1100 Osceola Parkway

TD Bank Refinances Kissimmee Retail Property For $47.07M
FINANCEDRetail

TD Bank Refinances Kissimmee Retail Property For $47.07M

1100 Osceola Parkway

$47,070,000

$88/SF

Building Size

529,212 SF

Asset Type

Retail

Closing

Mar 29, 2024

AI

The retail property located at 1100 Osceola Parkway in Kissimmee, FL (Orlando MSA) spans a total of 529,212 square feet. The property is a grocery-anchored asset in a prime location.

Summary of transaction details:

The financing deal of $47,070,000 was handled by TD Bank, providing a refinance for the retail property. The Joint Venture led by Hampshire Companies, O'Connor Capital, and Federated Hermes secured this loan with the assistance of JLL represented by Jon Mikula, Michael Klein, Brian Gaswirth, Michael Kavaler, and Val McWilliams.

Players

Brian Gaswirth

JLL

Broker

$6.3B

vol

45 deals

Broker
TD Bank
TD BankLender

Kissimmee Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93