Marcus & Millichap Sells Retail Property In Edgewood For $7.5M With Buyer's Rep Salim Valiani & Seller's Rep Investment Properties Group - SRS Real Estate Partners
5601 South Orange Avenue
$7,500,000
$95/SF
Building Size
78,647 SF
Asset Type
Retail
Closing
Jan 12, 2022
AI
A retail property located at 5601 S. Orange Avenue in Edgewood has been sold for $7,500,000. The property spans 78,647 square feet, resulting in a price per square foot of $95. The seller of the property was Dundurn USA Inc. LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,500,000
- Address: 5601 S. Orange Avenue
- Market: Edgewood
- Square Footage: 78,647
- Price per Square Foot: $95
The sale of this retail property was facilitated by Salim Valiani from Marcus & Millichap, representing the buyer. The seller was represented by Kevin Yaryan, Kyle Stonis, and Pierce Mayson from Investment Properties Group - SRS Real Estate Partners.
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93