Christian Yepes Purchases Retail Asset At 7405 Starkey Road Seminole For $3.5 Million
7405 Starkey Road
$3,500,000
$312/SF
Building Size
11,200 SF
Asset Type
Retail
Closing
Jul 8, 2025
AI
This retail asset, located at 7405 Starkey Road in the Seminole market, was sold for $3,500,000. The property encompasses a total area of 11,200 square feet, resulting in a price per square foot of $312.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $3,500,000
- Address: 7405 Starkey Road
- Market: Seminole
- Square Feet: 11,200
- Price Per Square Foot: $312
- Buyer: Christian Yepes
- Seller: Jacquelyn Wilson
- Buyer's Representative: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap
- Seller's Representative: Mike Milano - Colliers
The deal involved key representatives from reputable firms, with the buyer being represented by Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves from Marcus & Millichap, while the seller was represented by Mike Milano from Colliers.
Players
Seminole 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93