Mario Halikias Acquires Retail Asset From Christopher Kiritsis For $12.4M In Sumterville
2395 County Road 470
$12,400,000
$2,555/SF
Building Size
4,853 SF
Asset Type
Retail
Closing
Dec 31, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 2395 County Road 470 in the Sumterville market. The sale price for this asset was $12,400,000, with a total square footage of 4,853 and a price per square foot of $2,555.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,400,000
- Address: 2395 County Road 470
- Market: Sumterville
- Square Footage: 4,853
- Price per Square Foot: $2,555
- Buyer: Mario Halikias
- Seller: Christopher Kiritsis
- Seller's Representatives: Ronnie Issenberg, Gabriel Britti, and Kevin O'Hanlon - Marcus & Millichap
This transaction highlights key individuals involved, including the buyer Mario Halikias and seller Christopher Kiritsis, who participated in this significant retail asset exchange. The seller's representatives, Ronnie Issenberg, Gabriel Britti, and Kevin O'Hanlon, provided brokerage services through Marcus & Millichap for this transaction.
On the Map
$12,400,000
$2,555/SF
Retail
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Players
Lake Panasoffkee 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
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93