Calvin Tavares Acquires Retail Property In Orlando For $3.75M
SOLD
$3,750,000
+ 1
Florida
See Similar DealsRetail26,600 SF
Sold 06/29/2023
SOLD
Calvin Tavares Acquires Retail Property In Orlando For $3.75M
3920 W Colonial Dr Orlando, FL 32808, USA
See Similar DealsRetail26,600 SF
Sold 06/29/2023
+ 1
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$141
Total Square Footage:26,600 SF
Transaction Type:Sale
The retail property located at 3920 West Colonial Drive in Orlando has been sold in a recent transaction. The property spans across 26,600 square feet and was sold for a total price of $3,750,000, resulting in a price per square foot of $141. The sale involved the following parties:
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,750,000
- Address: 3920 West Colonial Drive, Orlando
- Market: Orlando
The buyer, Calvin Tavares, acquired the property from the seller, ARCTRUST. Representing the buyer in this transaction was Daniel Frees and Jeremy Miller from KW Commercial. On the other hand, Eric Spritz and Daniel Solomon from Katz & Associates Real Estate Advisors acted as the seller's representatives.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
Is there something missing? Send suggestions