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Kevin Nguyen Purchases Retail Property At 71 Semoran Boulevard In Orlando For $3.425M

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SOLD
$3,425,000

Florida

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Retail23,405 SF
Sold 12/02/2024
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Property Image
SOLD

Kevin Nguyen Purchases Retail Property At 71 Semoran Boulevard In Orlando For $3.425M

71 Semoran Boulevard

See Similar Deals
Retail23,405 SF
Sold 12/02/2024
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$146
Total Square Footage:23,405 SF
Transaction Type:Sale

The transaction involved a retail asset located at 71 Semoran Boulevard in the Orlando market. The sale price was $3,425,000 for a property encompassing 23,405 square feet, resulting in a price per square foot of $146.

Summary of transaction details:

This transaction highlights the roles of the key individuals involved, with Zack McNamara representing the buyer, Kevin Nguyen, and Jake Hayutin acting on behalf of the seller, Steve Liebermensch, marking their participation in this closed property deal.

Players

Jake Hayutin
4 deals$50.3M volume(858) 775-1847
BROKER

Zack McNamara
Franklin Street
2 deals$6.7M volume
BROKER

Details

SOLD
IMAGE: Jake Hayutin & Zack McNamara DATE: 12/02/2024 ADDRESS: 71 Semoran Boulevard MARKET: Orlando ASSET TYPE: Retail BUYER: Kevin Nguyen SELLER: Steve Liebermensch BUYER'S REP: Zack McNamara - Franklin Street (@FranklinStreet.CRE) SELLER'S REP: Jake Hayutin (@Jake_Hayutin) - Laconic Capital Advisors SALE PRICE: $3,425,000 SF: 23,405 ~ PPSF: $146

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,168.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,236.25
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