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
About this deal
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.
The retail sale at 2080 Florida Highway 50, Clermont, Florida 34711, United States in Clermont, Florida sold for $3.3M in 2023. 2080 Florida Highway 50, Clermont, Florida 34711, United States is classified as Retail on Traded. Ryan Nee, Dominic Sulo, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Clermont, Florida file for the 2080 Florida Highway 50, Clermont, Florida 34711, United States retail sold: pricing, party profiles, and other closed retail comps from the same Clermont sit in the Market section below. Filter that Clermont retail set by closing date to see what else sold near 2080 Florida Highway 50, Clermont, Florida 34711, United States around 2023. Published consideration for 2080 Florida Highway 50, Clermont, Florida 34711, United States is $3.3M, dated 2023. Cite this Marcus & Millichap Brokers Sell Retail Property In Clermont For $3.3M sale when underwriting similar retail product around Clermont, Florida.
Players
Clermont 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93