SOLDRetail
David Lukes Of Site Centers Corp. Sells Winter Garden Village Retail Asset For $165M
3041 Daniels Road
$165,000,000
Building Size
—
Asset Type
Retail
Closing
Jun 24, 2025
AI
The retail asset located at 3041 Daniels Road in Winter Garden, Florida, was sold for $165,000,000. This property is part of a strategic initiative by the seller to streamline its retail portfolio.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $165,000,000
- Seller: David Lukes - Site Centers Corp.
- Date of Sale: 06/24/2025
- Market: Winter Garden
In this transaction, David Lukes represents Site Centers Corp., highlighting the company's ongoing effort in managing its retail assets effectively through this sale.
Players
Winter Garden 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
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93