D. Lerner Acquires Retail Property In Sanford, FL For $5.61M
2820 S Orlando Dr, Sanford, Florida 32773, United States
$5,610,000
$332/SF
Building Size
16,900 SF
Asset Type
Retail
Closing
Apr 18, 2021
AI
The retail property located at 2820 S Orlando Dr in Sanford, FL has been sold. The transaction took place on 04/19/2021. The property spans a total area of 16,900 square feet, with a sale price of $5,610,000. The price per square foot for this transaction was $332. The seller of the property was Bobby Dan, while the buyer was D. Lerner. Lior Regenstreif, from Lior Regenstreif agency, served as the broker for this deal.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,610,000
- Market: Sanford, FL
- Address: 2820 S Orlando Dr
D. Lerner was the buyer in this transaction, while Bobby Dan served as the seller. Lior Regenstreif, from Lior Regenstreif agency, represented the parties as the broker for this deal.
Sanford 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93