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:
- Property Type: Retail
- Transaction Amount: $10,932,500
- Square Footage: 4,650
- Price Per Square Foot: $2,351
- Address: 2870 Formosa Gardens Boulevard
- Market: Kissimmee
- Seller: Dan Creighton
- Buyer's Representative: Chase Cameron - Matthews
- Seller's Representatives: Alex Sharrin, Jeffrey Cicurel & Torri Rosene - JLL
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
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