Realty Income Corp Acquires Industrial Property In Apopka For $71.4M
SOLD
$71,400,000
+ 3
Industrial289,839 SF
Sold
SOLD
Realty Income Corp Acquires Industrial Property In Apopka For $71.4M
3102 Shelby Industrial Drive
See Similar DealsIndustrial289,839 SF
Sold
+ 3
Summary
OHIO
Asset Type:Industrial
Price Per Square Foot:$246
Total Square Footage:289839 SF
Transaction Type:Sale
The industrial property located at 3102 Shelby Industrial Drive in Apopka has been sold in a recent transaction. The property, measuring 289,839 square feet, was purchased by Realty Income Corp for a price of $71,400,000, resulting in a price per square foot of $246. The sale took place on December 2, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $71,400,000
- Address: 3102 Shelby Industrial Drive
- Market: Apopka
The transaction was facilitated by JLL, represented by brokers John Huguenard, Sean Devaney, Julia Silva, Luis Castillo, Brian Walsh, and Keith Largay. The seller of the property was BlueScope Properties Group.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,808,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$253,669.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$338,472.43
Annual Debt Service$4,061,669.12
Is there something missing? Send suggestions