Sands Investment Group Brokers Sell Retail Property In Kissimmee For $5.4M
4636 West Irlo Bronson Memorial Highway
$5,400,000
$189/SF
Building Size
28,529 SF
Asset Type
Retail
Closing
Dec 29, 2023
About this deal
AI
The property involved in this closed transaction is a retail asset located at 4636 West Irlo Bronson Memorial Highway in Kissimmee. The property encompasses approximately 28,529 square feet and was sold for a total price of $5,400,000, resulting in a price per square foot of $189.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $5,400,000
- Square Footage: 28,529
- Price Per Square Foot: $189
- Address: 4636 West Irlo Bronson Memorial Highway, Kissimmee
The transaction was facilitated by Justin Walker and Kaylan Knitowski from Sands Investment Group. They represented the parties involved in the deal.
On the Map
$5,400,000
$189/SF
Retail
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Players
Kissimmee 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93