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SRS Real Estate Partners Represents Buyer In $4.2M Retail Sale On Goldenrod Road, Orlando

Property Image
SOLD
$4,200,000
Eric Parrs
Connor Barton
+ 1

Florida

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Retail5,615 SF
Sold
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Property Image
SOLD

SRS Real Estate Partners Represents Buyer In $4.2M Retail Sale On Goldenrod Road, Orlando

4700 South Goldenrod Road, Orlando, FL, USA

See Similar Deals
Retail5,615 SF
Sold
Eric Parrs
Connor Barton
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$748
Total Square Footage:5615 SF
Transaction Type:Sale

Located at 4700 Goldenrod Road in Orlando, this retail property was recently sold on December 17, 2020. The transaction was facilitated by Patrick Nutt & Connor Barton of SRS Real Estate Partners, who represented the buyer, and Mark Thompson & Eric Parrs of STNL, who represented the seller. The property spans 5,615 square feet and was sold for $4,200,000, resulting in a price per square foot of $748.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,200,000
  • Address: 4700 Goldenrod Road
  • Market: Orlando
  • Buyer's Rep: Patrick Nutt & Connor Barton - SRS Real Estate Partners
  • Seller's Rep: Mark Thompson & Eric Parrs - STNL
  • Square Footage: 5,615
  • Price per Square Foot: $748

Patrick Nutt & Connor Barton of SRS Real Estate Partners played a crucial role as the buyer's representatives in this transaction. Their expertise and negotiation skills ensured a successful deal for their client. On the other hand, Mark Thompson & Eric Parrs, representing STNL, effectively represented the seller's interests throughout the process.

Players

Patrick Nutt
69 deals$523.2M volume
BROKER

Connor Barton
2 deals$9M volume
BROKER

Mark  Thompson
Sotheby's International Realty
2 deals$6.3M volume(508) 345-1525
BROKER

Eric Parrs
1 deal$4.2M volume
BROKER

Details

SOLD
IMAGE: Patrick Nutt & Connor Barton DATE: 12/17/2020 ADDRESS: 4700 Goldenrod Road MARKET: Orlando ASSET TYPE: Retail BUYER'S REP: Patrick Nutt & Connor Barton - SRS Real Estate Partners SELLER'S REP: Mark Thompson & Eric Parrs - STNL PRICE: $4,200,000 SF: 5,615 ~ PPSF: $748

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
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