facebook
Traded Co logo
Submit

Marcus & Millichap Sells Medical Office In Wildwood For $6.7M

Property Image
SOLD
$6,675,000
James Medefind
James Garner
Jim Shiebler

Florida

See Similar Deals
8 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Sells Medical Office In Wildwood For $6.7M

5743 Williamsburg Lane, Wildwood, Florida 34785, United States

See Similar Deals
8 SF
Sold
James Medefind
James Garner
Jim Shiebler
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$834375
Total Square Footage:8 SF
Transaction Type:Sale

The medical office property located at 5743 Williamsburg Ln in Wildwood has recently been sold for a price of $6,675,000. The property spans across 2.6 acres and offers a total square footage of 8,705. The sale price per square foot is calculated at $767. The transaction took place on 12/05/2022.

Summary of transaction details

  • Property Type: Medical Office
  • Transaction Amount: $6,675,000
  • Address: 5743 Williamsburg Ln
  • Market: Wildwood
  • Acres: 2.6

The sale of this medical office property was facilitated by the brokers from Marcus & Millichap, namely Robert Freeman, James Medefind, James Garner, and Jim Shiebler.

Players

James Garner
Marcus & Millichap
James Garner
16 deals$102.3M volume
BROKER
James Medefind
Marcus & Millichap
James Medefind
21 deals$134.2M volume
BROKER
Jim Shiebler
CBRE
Jim Shiebler
20 deals$139.9M volume
BROKER

Details

SOLD
IMAGE: James Medefind, Robert Freeman, Jim Shiebler & James Garner DATE: 12/05/2022 ADDRESS: 5743 Williamsburg Ln MARKET: Wildwood ASSET TYPE: Medical Office ~ ACRES: 2.6 BROKERS: Robert Freeman, James Medefind, James Garner (@JamestGarner) & Jim Shiebler - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $6,675,000 SF: 8,705 ~ PPSF: $767

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$355,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,714.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,642.91
Annual Debt Service$379,714.87