Justin Ghazvini Purchases Retail Property From West Second Street Associates In Orlando For $11.5M
8600 Vineland Avenue
$11,500,000
$439/SF
Building Size
26,148 SF
Asset Type
Retail
Closing
Nov 20, 2025
AI
The property asset involved in this transaction is a retail space located at 8600 Vineland Avenue in the Orlando market. The sale of this retail asset was completed for a total price of $11,500,000, encompassing a total square footage of 26,148 square feet, resulting in a price per square foot of $439.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,500,000
- Address: 8600 Vineland Avenue
- Market: Orlando
- Square Footage: 26,148
- Price Per Square Foot: $439
- Buyer: Justin Ghazvini
- Seller: West Second Street Associates
- Brokers: John Krzyminski & Max Krzyminski - Green Towers Realty
Key individuals in this transaction include Justin Ghazvini as the buyer and West Second Street Associates as the seller. The brokerage team representing the transaction consists of John Krzyminski and Max Krzyminski from Green Towers Realty, facilitating the sale process between the parties involved.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93