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1082 Florida 436, Casselber...

Alex Leiter Acquires Retail Property In Casselberry, FL For $2.87M
SOLDRetail

Alex Leiter Acquires Retail Property In Casselberry, FL For $2.87M

1082 Florida 436, Casselberry, FL, USA

$2,870,000

$350/SF

Building Size

8,200 SF

Asset Type

Retail

Closing

Jul 28, 2020

AI

Located in Casselberry, FL, a retail property at 1082 ST 436 has been sold for $2,870,000. The transaction took place on July 28, 2021. The property spans across 8,200 square feet, resulting in a price per square foot of $350. The retail property is situated on a spacious lot measuring 30,928 square feet.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,870,000
  • Address: 1082 ST 436, Casselberry, FL
  • Square Footage: 8,200
  • Price per Square Foot: $350
  • Lot Size: 30,928 square feet

The buyer of this retail property is Alex Leiter, represented by Miguel Pinto. The seller, Shai Moschowits, was represented by Andrew Jaworsky. These individuals played pivotal roles in successfully closing this deal.

Players

Miguel Pinto

APEX Capital Realty

Broker

$330.5M

vol

50 deals

Broker
Shai Moschowits

Shai Moschowits

Seller

$111.5M

vol

7 deals

Seller

Casselberry 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

5.53%

Cash-on-Cash

-1.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93