Anchor Health Properties Acquires Medical Office Building In Plantation For $45.5M
8100 Southwest 10th Street, Plantation, Florida 33324, United States
$45,500,000
$475/SF
Building Size
95,790 SF
Asset Type
—
Closing
Jun 16, 2022
AI
Anchored Health Properties has acquired a medical office building located at 8100 SW 10th St in the Plantation market. The property spans approximately 95,790 square feet and was sold for a price of $45,500,000, resulting in a price per square foot of $475. The transaction took place on June 17, 2022.
Summary of transaction details
- Property Type: Medical Office Building
- Transaction Amount: $45,500,000
- Address: 8100 SW 10th St
- Market: Plantation
The seller of the medical office building was Starwood Capital Group and Vanderbilt Office Properties, while the buyer was Anchor Health Properties. Representing the buyer were Mark Rubin and Bastian Laggerbauer from Colliers International, as well as Justin Cope and Greg Martin from Avison Young.
Players
Plantation CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93