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12491 South Orange Blossom ...

Salim Valiani & Mark Leitter Acquires Orlando Retail Property On S Orange Blossom Trail
SOLDRetail

Salim Valiani & Mark Leitter Acquires Orlando Retail Property On S Orange Blossom Trail

12491 South Orange Blossom Trail, Orlando, Florida 32837, United States

$5,200,000

$2,049/SF

Building Size

2,537 SF

Asset Type

Retail

Closing

Jun 6, 2022

AI

The retail property located at 12491 S Orange Blossom Trail in Orlando has been recently sold for a price of $5,200,000. The transaction took place on 06/07/2022. The property spans across an area of 0.92 acres and is situated in the vibrant Orlando market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,200,000
  • Address: 12491 S Orange Blossom Trail, Orlando
  • Market: Orlando
  • Acres: 0.92

The deal was facilitated by Salim Valiani and Mark Leitter from the brokerage firm Marcus & Millichap. They acted as the representatives for the buyer and seller in this transaction.

This successful sale marks another significant milestone in the Orlando market, demonstrating the strong demand for retail properties in the area. Both the buyer and seller can be commended for their successful negotiation and execution of this transaction.

Players

Salim Valiani

Marcus & Millichap

Broker

$132.4M

vol

14 deals

Broker

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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93