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3041 Daniels Road

David Lukes Of Site Centers Corp. Sells Winter Garden Village Retail Asset For $165M
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