Marcus & Millichap Brokers Sell Retail Property In Oviedo For $3.4M
318 W Mitchell Hammock Rd, Oviedo, FL, USA
$3,400,000
$627/SF
Building Size
5,420 SF
Asset Type
Retail
Closing
Sep 21, 2021
AI
The retail property located at 318 W Mitchell Hammock Rd in Oviedo has been sold for $3,400,000. The property spans across 5,420 square feet with a price per square foot of $627. The transaction took place on 09/22/2021 and was facilitated by brokers Donald Gilchrist and Ryan Nee from Marcus & Millichap.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,400,000
- Square Footage: 5,420
- Price Per Square Foot: $627
- Date: 09/22/2021
- Address: 318 W Mitchell Hammock Rd, Oviedo
- Market: Oviedo
Donald Gilchrist and Ryan Nee, representing Marcus & Millichap, played a pivotal role in the successful completion of the sale.
Players
Oviedo 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93