Ricardo Esteves, Gabriel Britti & Ronnie Issenberg Broker $7.5M Retail Sale On South Orange Ave In Orlando
2702 South Orange Avenue, Orlando, FL, USA
$7,465,789
$168/SF
Building Size
44,210 SF
Asset Type
Retail
Closing
Apr 26, 2021
About this deal
AI
A retail property located at 2702 South Orange Avenue in Orlando was sold on April 27, 2021. The transaction was facilitated by brokers Ricardo Esteves, Gabriel Britti, and Ronnie Issenberg.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,465,789
- Market: Orlando
This sale involved a retail property with a sale price of $7,465,789 and a capitalization rate of 4.65%.
Ricardo Esteves, Gabriel Britti, and Ronnie Issenberg represented the parties involved in the deal as brokers.
The retail sale at 2702 South Orange Avenue, Orlando, FL, USA in Orlando, Florida sold for $7.5M in 2021. The building is 44,210 square feet, implying about 168 per square foot on the published price. Ronnie Issenberg, Ricardo Esteves, Gabriel Britti, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Orlando, Florida file for the 2702 South Orange Avenue, Orlando, FL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Orlando sit in the Market section below. Filter that Orlando retail set by closing date to see what else sold near 2702 South Orange Avenue, Orlando, FL, USA around 2021. Published consideration for 2702 South Orange Avenue, Orlando, FL, USA is $7.5M, dated 2021. Cite this Ricardo Esteves, Gabriel Britti & Ronnie Issenberg Broker $7.5M Retail Sale On South Orange Ave In Orlando sale when underwriting similar retail product around Orlando, Florida.
Players
Orlando Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ronnie Issenberg to view all their deals.
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93