Scott Crossman & Daryl Carter Sell Retail Property In Orange City For $15.4M With Broker Brian Carolan
816 Saxon Boulevard
$15,400,000
$89/SF
Building Size
172,079 SF
Asset Type
Retail
Closing
Jan 3, 2020
AI
816 Saxon Blvd. in Orange City has been sold for $15,400,000. This retail property spans 172,079 square feet, resulting in a price per square foot of $89. The sale took place on January 4, 2020. The sellers of the property were Scott Crossman and Daryl Carter, while the broker involved in the transaction was Brian Carolan from Crossman & Co.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $15,400,000
- Address: 816 Saxon Blvd., Orange City
- Market: Orange City
Brian Carolan, representing Crossman & Co., played a key role as the broker in this deal.
Players
Orange City 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
1.03%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93