Intram Investments & BluRock Commercial Real Estate Sell Retail Property In Orlando For $30.5M
3107 South Orange Avenue, Orlando, FL, USA
$30,500,000
$528/SF
Building Size
57,747 SF
Asset Type
Retail
Closing
Sep 7, 2021
About this deal
AI
An 8-acre retail property located at 3107 S. Orange Ave in Orlando has been sold for $30,500,000. The property spans a total of 57,747 square feet, resulting in a price per square foot of $528. The transaction took place on September 7, 2021. The sellers of the property were Intram Investments, Inc. and BluRock Commercial Real Estate.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $30,500,000
- Address: 3107 S. Orange Ave, Orlando
- Market: Orlando
- Acres: 8
- Price Per Acre: $3,812,500
- Square Footage: 57,747
- Price Per Square Foot: $528
The sale of the property was facilitated by Brad Peterson, Whitaker Leonhardt, Michael Brewster, and Tommy Isola from JLL. They represented both the sellers, Intram Investments, Inc. and BluRock Commercial Real Estate, in the deal.
On the Map
$30,500,000
$528/SF
Retail
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Players
Orlando 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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93