Marc Nourafchan Acquires Retail Property In Orlando For $6.25M
3210 Curry Ford Road, Orlando, Florida 32806, United States
$6,250,000
$452/SF
Building Size
13,824 SF
Asset Type
Retail
Closing
Sep 8, 2022
About this deal
AI
The retail property located at 3210 Curry Ford Rd in Orlando has been sold in a recent transaction. The property, spanning 13,824 square feet, was sold for a price of $6,250,000, resulting in a price per square foot of $452. The sale was completed on September 9, 2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $6,250,000
- Square Footage: 13,824
- Price per Square Foot: $452
- Address: 3210 Curry Ford Rd, Orlando
- Market: Orlando
The buyer in this transaction was Marc Nourafchan, while the seller was Youseff Marzouk. The deal was facilitated by brokers Ricardo Esteves, Gabriel Britti, and Ronnie Issenberg from Marcus & Millichap.
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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93