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9725 Universal Blvd, Orland...

Comterra Development Group Sells Retail Property In Orlando For $7.5M
SOLDRetail

Comterra Development Group Sells Retail Property In Orlando For $7.5M

9725 Universal Blvd, Orlando, FL 32819, USA

$7,500,000

$2,491/SF

Building Size

3,010 SF

Asset Type

Retail

Closing

Jul 22, 2020

AI

The retail property located at 9725 Universal Boulevard in Orlando has been sold for a price of $7,500,000. The property has a total square footage of 3,010, resulting in a price per square foot of $2,491. The seller of the property was Comterra Development Group.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $7,500,000
  • Square Footage: 3,010
  • Price per Square Foot: $2,491
  • Address: 9725 Universal Boulevard, Orlando

The sale of this retail property was facilitated by John Krzyminski and Max Krzyminski from JLL Capital. They served as the brokers representing the buyer and seller in the deal.

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

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93