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JAC Management Acquires Retail Property In Orlando For $5.6M

8000 Lake Underhill Road
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This Retail property located in FL was sold for $5,638,298 over 2 years ago. The broker of the deal was Donald Shapiro

The retail property located at 8000 Lake Underhill Rd in Orlando has been sold in a recent transaction. The property spans an area of 15,324 square feet and sits on a 2.72-acre plot. The sale price for this asset was recorded at $5,638,298, resulting in a price per square foot of $368. The asking price for the property was set at $5,888,889, indicating a successful negotiation for the buyer.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,638,298
  • Square Footage: 15,324
  • Address: 8000 Lake Underhill Rd, Orlando

In this transaction, the buyer was represented by JAC Management's Joseph Chiaramonte. JAC Management successfully acquired the property from Cardinal Green Investments, with Yvette Flores serving as the seller. The deal was facilitated by broker Donald Shapiro, who played a key role in the negotiation process.

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Deals
  • Location
    8000 Lake Underhill Rd, Orlando, FL, USA8000 Lake Underhill Rd, Orlando, FL, USA
  • Sale Price
    $5,638,298$5,638,298
    $367 PPSF$367 PPSF
  • Area
    15,324 SF15,324 SF
  • Asset Type
    RetailRetail
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Donald Shapiro

Donald Shapiro

Deals8
Sold$44.6M

Agency

Compass

Compass

Agency
Deals2902
Volume$20.9B

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Deal Summary

SALE IMAGE: Donald Shapiro DATE: 08/10/2021 ADDRESS: 8000 Lake Underhill Rd MARKET: Orlando ASSET TYPE: Retail BUYER: JAC Management - Joseph Chiaramonte SELLER: Cardinal Green Investments - Yvette Flores BROKER: Donald Shapiro (@DonnyShapiro) ASKING PRICE: $5,888,889 SALE PRICE: $5,638,298 SF: 15,324 ~ PPSF: $368 ACRES: 2.72 ~ PPA: $2,072,904

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8000 Lake Underhill Road

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