Curt Grieder Acquires Retail Property In Tavares From Patrick O'Leary For $5.1M
SOLD
$5,102,040
Florida
See Similar DealsRetail5,641 SF
Sold 10/09/2025
SOLD
Curt Grieder Acquires Retail Property In Tavares From Patrick O'Leary For $5.1M
600 W Burleigh Blvd
See Similar DealsRetail5,641 SF
Sold 10/09/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$904
Total Square Footage:5,641 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 600 West Burleigh Boulevard in Tavares. This retail space encompasses a total area of 5,641 square feet and was sold for $5,102,040, resulting in a price per square foot of $904.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,102,040
- Address: 600 West Burleigh Boulevard
- Market: Tavares
- Square Footage: 5,641
- Price per Square Foot: $904
- Buyer: Curt Grieder
- Seller: Patrick O'Leary
- Brokers: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap
Key individuals involved in this deal include the buyer Curt Grieder and the seller Patrick O'Leary. The brokerage team representing them consists of Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves from Marcus & Millichap, facilitating the transaction process.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$272,108.81
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,126.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,186.27
Annual Debt Service$290,235.27
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