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Salim Valiani Sells Retail Property In Davenport For $6.8M

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SOLD
$6,800,000

Florida

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Retail25,027 SF
Sold 01/19/2022
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Property Image
SOLD

Salim Valiani Sells Retail Property In Davenport For $6.8M

7531 Osceola Polk Line Rd, Davenport, Florida 33896, United States

See Similar Deals
Retail25,027 SF
Sold 01/19/2022
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$271
Total Square Footage:25,027 SF
Transaction Type:Sale

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.

Players

Salim Valiani
13 deals$100.3M volume(407) 620-2416
BROKER

Details

SOLD
IMAGE: Salim Valiani DATE: 01/19/2022 ADDRESS: 7531 Osceola Polk Line Rd MARKET: Davenport ASSET TYPE: Retail BROKER: Salim Valiani - Marcus & Millichap SALE PRICE: $6,800,000 SF: 25,027 ~ PPSF: $272

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$24,158.96
Cash-on-Cash Return-1.27%
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