Ricardo Esteves, Gabriel Britti & Ronnie Issenberg Broker $7.5M Retail Sale On South Orange Ave In Orlando
SOLD
$7,465,789
Florida
See Similar DealsRetail44,210 SF
Sold 04/27/2021
SOLD
Ricardo Esteves, Gabriel Britti & Ronnie Issenberg Broker $7.5M Retail Sale On South Orange Ave In Orlando
2702 South Orange Avenue, Orlando, FL, USA
See Similar DealsRetail44,210 SF
Sold 04/27/2021
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$168
Total Square Footage:44,210 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$398,175.41
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,524.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,391.65
Annual Debt Service$424,699.78
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