Malhan Investments LLC Acquires Retail Property In Orlando For $5.8M
1084 Lee Road, Orlando, Florida 32810, United States
$5,800,000
$290/SF
Building Size
19,970 SF
Asset Type
Retail
Closing
Feb 10, 2022
AI
The retail property located at 1084 Lee Road in Orlando has been sold in a transaction facilitated by Nick Ledvora from Marcus & Millichap. The property, with a total square footage of 19,970, was purchased by Malhan Investments LLC from Peak 14 LLC for a sale price of $5,800,000. The price per square foot for this transaction is $290.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,800,000
- Address: 1084 Lee Road, Orlando
- Market: Orlando
Nick Ledvora from Marcus & Millichap represented the buyer, Malhan Investments LLC, in this transaction. The involvement of these key individuals and companies played a crucial role in the successful completion of the deal.
Players
Orlando 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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93