Marcus & Millichap Brokers Sell Haines City Retail Property For $13.8M On US-27
35938 U.S. 27, Haines City, FL, USA
$13,800,000
$104/SF
Building Size
131,501 SF
Asset Type
Retail
Closing
Nov 17, 2021
AI
A retail property located at 35938 US-27 in Haines City has been sold for a total price of $13,800,000. The property has a total square footage of approximately 131,501, resulting in a price per square foot of $105. The transaction took place on November 17, 2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $13,800,000
- Address: 35938 US-27, Haines City
- Market: Haines City
- Brokers: Tim Giambrone & Ryan Nee - Marcus & Millichap
- Square Footage: 131,501
- Price per Square Foot: $105
The deal was facilitated by Tim Giambrone and Ryan Nee from Marcus & Millichap. They represented the parties involved in the transaction, although they are not the buyers, sellers, landlords, or tenants of the property.
Players
Haines City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93