Christian Yepes Purchases Retail Asset At 7405 Starkey Road Seminole For $3.5 Million
SOLD
$3,500,000
+ 1
Florida
See Similar DealsRetail11,200 SF
Sold 07/09/2025
SOLD
Christian Yepes Purchases Retail Asset At 7405 Starkey Road Seminole For $3.5 Million
7405 Starkey Road
See Similar DealsRetail11,200 SF
Sold 07/09/2025
+ 1
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$312
Total Square Footage:11,200 SF
Transaction Type:Sale
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
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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