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2870 Formosa Gardens Boulevard

Chase Cameron Of Matthews Represents Buyer In $10,932,500 Retail Sale In Kissimmee
SOLDRetail

Chase Cameron Of Matthews Represents Buyer In $10,932,500 Retail Sale In Kissimmee

2870 Formosa Gardens Boulevard

$10,932,500

$2,351/SF

Building Size

4,650 SF

Asset Type

Retail

Closing

Jul 24, 2026

AI

The retail asset located at 2870 Formosa Gardens Boulevard in Kissimmee was sold for a transaction amount of $10,932,500. The property encompasses a total square footage of 4,650, resulting in a price per square foot of $2,351.

Summary of transaction details:

The deal involved key individuals and companies, with Chase Cameron representing the buyer through Matthews, while the seller's interests were represented by Alex Sharrin, Jeffrey Cicurel, and Torri Rosene from JLL.

Players

Alex Sharrin

JLL

Broker

$942.4M

vol

37 deals

Broker

Dan Creighton

Seller

$10.9M

vol

1 deal

Seller

Kissimmee 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

1.45%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93