SOLDRetail
Marcus & Millichap Brokers Sell Retail Property In Clermont For $3.3M
2080 Florida Highway 50, Clermont, Florida 34711, United States
$3,300,000
Building Size
—
Asset Type
Retail
Closing
Jan 31, 2023
AI
The retail property located at 2080 E Hwy 50 in Clermont has been sold for a price of $3,300,000. The transaction took place on January 31, 2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 2080 E Hwy 50, Clermont
- Market: Clermont
The sale of this retail property was facilitated by the brokers Ryan Nee, Dominic Sulo, and Benjamin Bach from Marcus & Millichap. They represented the buyer and seller in this deal.
Players
Clermont 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93