Marx Realty Sells Retail Property In Orlando For $9.1M
4649 South Orange Blossom Trail, Orlando, FL, USA
$9,100,000
$63/SF
Building Size
144,052 SF
Asset Type
Retail
Closing
Jan 18, 2021
About this deal
AI
The property involved in this closed transaction is a retail asset located at 4649 S. Orange Blossom Trail in Orlando. It was sold by Marx Realty.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,100,000
- Square Footage: 144,052
- Price per Square Foot: $63
- Market: Orlando
Represented by Brad Peterson, Whitaker Leonhardt, and Tommy Isola of JLL, Marx Realty successfully closed the sale of the property.
The retail sale at 4649 South Orange Blossom Trail, Orlando, FL, USA in Orlando, Florida sold for $9.1M in 2021. The building is 144,052 square feet, implying about 63 per square foot on the published price. Whitaker Leonhardt, Brad Peterson, Tommy Isola, Colliers appear on the sale alongside Colliers, JLL. This page is the Orlando, Florida file for the 4649 South Orange Blossom Trail, Orlando, FL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Orlando sit in the Market section below. Filter that Orlando retail set by closing date to see what else sold near 4649 South Orange Blossom Trail, Orlando, FL, USA around 2021. Published consideration for 4649 South Orange Blossom Trail, Orlando, FL, USA is $9.1M, dated 2021. Cite this Marx Realty Sells Retail Property In Orlando For $9.1M sale when underwriting similar retail product around Orlando, Florida.
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
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93