Shai Moschowits Of Present Equity Acquires Retail Center From Daryl Carter For $2.225M

Hoffner Crossing is a multi-tenant retail center located at 7125 Hoffner Avenue in Orlando. The asset has a total square footage of 9,636 and was sold for $2,225,000, which amounts to $230 per square foot. The property benefits from high visibility and traffic, being situated at the northwest corner of Hoffner Avenue and Goldenrod, with a combined annual average daily traffic (AADT) of 50,000. The center features a diversified tenant mix across food service, health and wellness, and specialty retail, catering to daily needs, with approximately 30% vacancy, aligning with Present Equity's value-add investment strategy.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,225,000
• Sale Date: 08/24/2026
• Address: 7125 Hoffner Avenue
• Market: Orlando
• Square Footage: 9,636
• Price Per Square Foot: $230
• Buyer: Shai Moschowits - Present Equity
• Seller: Daryl Carter
• Seller's Representative: Dennis Carson & Daniel Baker - CBRE
• Buyer's Attorney: Alan J. Marcus - Law Office of Alan J. Marcus

This acquisition marks the fourth Florida transaction for Present Equity in the past 24 months. The financing for the purchase was provided by ConnectOne Bank. Present Equity is actively seeking value-add opportunities in retail and small-bay industrial properties across Florida, inviting collaboration from brokers and owners statewide.