Salim Valiani Acquires Retail Center In Orlando For $7.5M

The property involved in the transaction is 78,647-square-foot Edgewood Isle, a multi-tenant neighborhood retail center located at 5601 S Orange Ave, Orlando, FL, 32809. The retail center, anchored by Dollar Tree, was sold for $7.5 million. Edgewood Isle is home to various tenants, including Cornerstone Hospice, Pizza Hut, and Pinch-A-Penny: Pool, Patio and Spa. Situated in Edgewood, the property is well-positioned approximately five miles south of downtown Orlando, four miles from Orlando International Airport, and six miles from Universal Orlando Resort. Additionally, it offers easy access to major highways like the Florida Turnpike and the Beachline Expressway.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,500,000.00
• Buyer: Unknown
• Seller: Dundurn USA Inc
• Square Footage: 78,647 sqft
• Market: Orlando
• Buyer's Rep: Salim Valiani(Marcus & Millichap)

The sale of Edgewood Isle was facilitated by Kevin Yaryan, Kyle Stonis, and Pierce Mayson from SRS representing the seller, Dundurn USA Inc. LLC. Salim Valiani of Marcus & Millichap acted as the buyer's representative, handling the transaction on behalf of the Orlando-based entity. The successful deal involved the transfer of ownership of a prime retail asset in Orlando, solidifying the respective positions of the buyer and the seller in the market.