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8204 Crystal Clear Lane, Or...

House Reform Group Acquires Retail Property In Orlando For $8.1M
SOLDRetail

House Reform Group Acquires Retail Property In Orlando For $8.1M

8204 Crystal Clear Lane, Orlando, Florida 32809, United States

$8,100,000

$192/SF

Building Size

42,196 SF

Asset Type

Retail

Closing

Apr 10, 2022

AI

The property involved in this closed transaction is located at 8204 Crystal Clear Lane in Orlando. It is a retail asset spanning across 2.7 acres. The sale of this property was facilitated by John Krzyminski & Max Krzyminski from JLL, who represented the buyer House Reform Group and the seller Navarra Investments LLC. The transaction took place on April 11, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,100,000
  • Address: 8204 Crystal Clear Lane, Orlando
  • Market: Orlando
  • Square Footage: 42,196
  • Price per Square Foot: $192

The House Reform Group acquired this retail property from Navarra Investments LLC for a total price of $8,100,000. The property spans a total of 42,196 square feet, resulting in a price per square foot of $192. John Krzyminski & Max Krzyminski, representing JLL, played a pivotal role in facilitating this transaction as the brokers for both the buyer and seller.

Players

John Krzyminski

Green Towers Realty

Broker

$155.7M

vol

12 deals

Broker

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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93