Limestone Asset Management Acquires Retail Property In Orlando For $10.4M
4006 Conroy Road, Orlando, FL, USA
$10,400,000
$738/SF
Building Size
14,075 SF
Asset Type
Retail
Closing
May 18, 2020
AI
The retail property located at 4006 Conroy Road & 4060 Conroy Road in Orlando has been sold for a total of $10,400,000. The property spans 14,075 square feet with a price per square foot of $738. The transaction took place on May 18, 2021, and the buyer is Limestone Asset Management.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,400,000
- Address: 4006 Conroy Road & 4060 Conroy Road
- Market: Orlando
- Square footage: 14,075
- Price per square foot: $738
The buyer's representative in this deal was Kevin Sanz from Orion Real Estate Group, while the seller's representative was Patrick Luther from SRS.
Note: No additional information regarding the property or the transaction is available.
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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93