Continental Property Sells Industrial Property On Space Blvd In Orlando For $11M
11300 Space Boulevard, Orlando, Florida 32837, United States
$11,000,000
$122/SF
Building Size
90,000 SF
Asset Type
Industrial
Closing
Jan 19, 2022
AI
The industrial property located at 11300-11350 Space Blvd in Orlando, FL has been sold. The property, with a total area of 90,000 square feet, was sold by Continental Property for a price of $11,000,000, resulting in a price per square foot of $122.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,000,000
- Address: 11300-11350 Space Blvd, Orlando, FL
- Market: Orlando, FL
- Seller: Continental Property
- Brokers: Dan Shapiro, Shaya Nisnevitz, Bunny Escava - KSR
Dan Shapiro, Shaya Nisnevitz, and Bunny Escava from KSR represented the seller, Continental Property, in this transaction.
Players
Orlando Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93