Kevin Nguyen Purchases Retail Property At 71 Semoran Boulevard In Orlando For $3.425M
71 Semoran Boulevard
$3,425,000
$146/SF
Building Size
23,405 SF
Asset Type
Retail
Closing
Dec 2, 2024
AI
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:
- Property Type: Retail
- Transaction Amount: $3,425,000
- Address: 71 Semoran Boulevard
- Market: Orlando
- Square Footage: 23,405
- Price per Square Foot: $146
- Buyer: Kevin Nguyen
- Seller: Steve Liebermensch
- Buyer's Representative: Zack McNamara - Franklin Street
- Seller's Representative: Jake Hayutin - Laconic Capital Advisors
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
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
4.63%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93