Umar Khan Acquires Retail Property In Sanford For $4.025M
4085 FL-46
$4,025,000
$1,271/SF
Building Size
3,166 SF
Asset Type
Retail
Closing
Dec 21, 2022
AI
The retail property located at 4085 Fl-46 in Sanford has been sold for a price of $4,025,000. The property spans a total area of 3,166 square feet, resulting in a price per square foot of $1,271. The transaction took place on 12/21/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,025,000
- Address: 4085 Fl-46, Sanford
- Market: Sanford
Umar Khan has purchased the property from Andrew Fallon. The deal was facilitated by the broker representatives from Matthews Real Estate Investment Services, namely Nick Hahn, Chad Kurz, and Kevin Puder.
Players
Sanford 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
3.94%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93