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4520 S Semoran Blvd, Orland...

Core Investment Management Acquires Retail Property In Orlando For $18M
SOLDRetail

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

Anthony Blanco

TSCG (The Shopping Center Group)

Broker

$105M

vol

8 deals

Broker
CM
Core Investment ManagementBuyer
WR
Weingarten RealtySeller

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