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4700 South Goldenrod Road, ...

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

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

4700 South Goldenrod Road, Orlando, FL, USA

$4,200,000

$748/SF

Building Size

5,615 SF

Asset Type

Retail

Closing

Dec 16, 2020

AI

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

SRS Real Estate Partners

Broker

$578.2M

vol

76 deals

Broker

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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93