Unicorp National Developments Sells Retail Asset At 6506 Old Brick Road Orlando For $39M
SOLD
$39,000,000
Florida
See Similar DealsRetail70,000 SF
Sold 06/27/2025
SOLD
Unicorp National Developments Sells Retail Asset At 6506 Old Brick Road Orlando For $39M
6506 Old Brick Road
See Similar DealsRetail70,000 SF
Sold 06/27/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$557
Total Square Footage:70,000 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 6506 Old Brick Road in the Orlando market. The retail asset was sold for $39,000,000, encompassing a total square footage of 70,000 with a price per square foot of $557.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $39,000,000
- Address: 6506 Old Brick Road
- Market: Orlando
- SF: 70,000
- PPSF: $557
- Seller: Unicorp National Developments
- Brokers: John Krzyminski & Max Krzyminski - GTR (Green Towers Realty)
Key individuals involved in the transaction include John Krzyminski and Max Krzyminski, who represented the seller, Unicorp National Developments, through their agency, GTR (Green Towers Realty), during this retail property sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,080,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$138,558.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$184,879.90
Annual Debt Service$2,218,558.76
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