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5601 South Orange Avenue

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
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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

Salim Valiani

Marcus & Millichap

Broker

$132.4M

vol

14 deals

Broker
DI
Dundurn USA Inc.Seller

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