Monique Nestorovic Acquires Retail Property In Orlando, FL For $2.9M
1117 Florida Mall Avenue
$2,900,000
$557/SF
Building Size
5,200 SF
Asset Type
Retail
Closing
Jul 1, 2022
About this deal
AI
The retail property located at 1117 Florida Mall Ave in Orlando, FL has been sold. The property spans 5,200 square feet and was sold for a price of $2,900,000, resulting in a price per square foot of $558. The transaction took place on 07/01/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 1117 Florida Mall Ave, Orlando, FL
- Market: Orlando, FL
The buyer of the property is Monique Nestorovic, while the seller is Elric Prince. Elio Serpa, a Business Broker & Real Estate representative, facilitated the transaction.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93