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
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