Salim Valiani Sells Retail Property In Davenport For $6.8M
7531 Osceola Polk Line Rd, Davenport, Florida 33896, United States
$6,800,000
$271/SF
Building Size
25,027 SF
Asset Type
Retail
Closing
Jan 18, 2022
AI
A retail property located at 7531 Osceola Polk Line Rd in Davenport has been sold for a total price of $6,800,000. The property spans across 25,027 square feet, resulting in a price per square foot of $272. This transaction was facilitated by Salim Valiani from Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,800,000
- Address: 7531 Osceola Polk Line Rd
- Market: Davenport
- Broker: Salim Valiani - Marcus & Millichap
This deal was successfully closed with the assistance of Salim Valiani from Marcus & Millichap. They played a crucial role in representing the parties involved in the transaction and ensuring its smooth execution.
Davenport Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93