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2395 County Road 470

Mario Halikias Acquires Retail Asset From Christopher Kiritsis For $12.4M In Sumterville
SOLDRetail

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

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.

Players

Gabriel Britti

Marcus & Millichap

Broker

$502.2M

vol

70 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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