Bill Fuller & Martin Pinilla Acquire Retail Property In Sebring For $15.65M
100 Sebring Square, Sebring, Florida 33870, United States
$15,650,000
$102/SF
Building Size
152,297 SF
Asset Type
Retail
Closing
Jul 7, 2022
AI
The retail property located at 100 Sebring Square in Sebring has been sold. The transaction took place on 07/08/2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $15,650,000
- Square Footage: 152,297
- Price per Square Foot: $103
- Address: 100 Sebring Square, Sebring
- Market: Sebring
The buyer of the property is Bill Fuller & Martin Pinilla, while RCG Ventures acted as the seller. The deal was facilitated by Jonathan De La Rosa of Marcus & Millichap. Financing for the transaction was provided by First Citizens, with Sara Hernandez handling the procurement process.
Players
Sebring Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93