Core Investment Management Acquires Retail Property In Orlando For $18M
4520 S Semoran Blvd, Orlando, FL 32822, USA
$18,000,000
$176/SF
Building Size
102,000 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The retail property located at 4520 South Semoran Blvd. in Orlando has been sold in a closed transaction. The property comprises a total of 102,000 square feet and was sold for a total price of $18,000,000, resulting in a price per square foot of $176. The transaction took place on September 16, 2020, and involved the buyer, Core Investment Management, and the seller, Weingarten Realty.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,000,000
- Square Footage: 102,000
- Price per Square Foot: $176
- Address: 4520 South Semoran Blvd.
- Market: Orlando
The transaction was facilitated by the brokers Anthony Blanco, Lenard Williams, Mallory Silva, and Gavin Walsh from TSCG (The Shopping Center Group). They represented the respective parties involved, providing their expertise in the deal.
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93