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35938 U.S. 27, Haines City,...

Marcus & Millichap Brokers Sell Haines City Retail Property For $13.8M On US-27
SOLDRetail

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

Ryan Nee

Marcus & Millichap

Broker

$384.6M

vol

21 deals

Broker

Haines City 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

1.15%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93