facebook
Traded Co logo
Submit

W Real LLC Acquires Retail Property In Orlando For $10M With Marcus & Millichap Brokers, Giambrone & Nee

Property Image
SOLD
$10,000,000

Florida

See Similar Deals
Retail39,557 SF
Sold 07/11/2022
the dealplayerscompscontact
Property Image
SOLD

W Real LLC Acquires Retail Property In Orlando For $10M With Marcus & Millichap Brokers, Giambrone & Nee

11570 South Orange Blossom Trail, Orlando, Florida 32837, United States

See Similar Deals
Retail39,557 SF
Sold 07/11/2022
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$252
Total Square Footage:39,557 SF
Transaction Type:Sale

11570 S Orange Blossom Trail in Orlando has been sold in a recent transaction. The retail property spans across 4.8 acres and has several notable features.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,000,000
  • Address: 11570 S Orange Blossom Trail
  • Market: Orlando
  • Acres: 4.8
  • Buyer: W Real LLC
  • Seller: Cedar Plaza Holdings LLC
  • Brokers: Tim Giambrone & Ryan Nee - Marcus & Millichap
  • Units: 14
  • Price Per Unit: $714,286
  • Square Footage: 39,557
  • Price Per Square Foot: $253

In this transaction, W Real LLC acquired the property from Cedar Plaza Holdings LLC. The deal was facilitated by brokers Tim Giambrone and Ryan Nee from Marcus & Millichap. The retail property consists of 14 units and is priced at $714,286 per unit. The total square footage is 39,557, with a price per square foot of $253.

Players

Ryan Nee
21 deals$384.6M volume
BROKER

Tim Giambrone
Marcus & Millichap
7 deals$76.7M volume
BROKER

Details

SOLD
IMAGE: Ryan Nee & Tim Giambrone DATE: 07/11/2022 ADDRESS: 11570 S Orange Blossom Trail MARKET: Orlando ASSET TYPE: Retail ~ ACRES: 4.8 BUYER: W Real LLC SELLER: Cedar Plaza Holdings LLC BROKERS: Tim Giambrone & Ryan Nee - Marcus & Millichap SALE PRICE: $10,000,000 UNITS: 14 ~ PPU: $714,286 SF: 39,557 ~ PPSF: $253

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$533,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22