facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

15439 U.S. 441, Eustis, FL,...

Tabani Group Inc. Acquires Retail Property On US Highway 441 In Eustis For $9.2M
SOLDRetail

Tabani Group Inc. Acquires Retail Property On US Highway 441 In Eustis For $9.2M

15439 U.S. 441, Eustis, FL, USA

$9,200,000

$313/SF

Building Size

29,367 SF

Asset Type

Retail

Closing

Nov 8, 2021

AI

The retail property located at 15439 US Highway 441 in Eustis has been sold for a total price of $9,200,000. The property spans approximately 29,367 square feet, resulting in a price per square foot of $313. The transaction took place on 11/08/2021 and involved the buyer, Tabani Group Inc., and the seller, CORE Investment Properties.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,200,000
  • Address: 15439 US Highway 441, Eustis
  • Market: Eustis
  • Square Footage: 29,367
  • Price per Square Foot: $313

The sale was facilitated by Brad Peterson, Whitaker Leonhardt, Michael Brewster, and Tommy Isola from JLL Capital Markets who represented the buyer, Tabani Group Inc., in the transaction. They negotiated on behalf of their client to secure the successful purchase of the retail property from the seller, CORE Investment Properties.

Players

Tommy Isola

Colliers

Broker

$269.7M

vol

16 deals

Broker
JLL
JLLBrokerage

Eustis Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.72%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93