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112 Del Prado Boulevard North

Daniel Esden Acquires Medical Office From Arjun Gangakhedkar In Cape Coral For $4.71M
SOLDHospital

Daniel Esden Acquires Medical Office From Arjun Gangakhedkar In Cape Coral For $4.71M

112 Del Prado Boulevard North

$4,711,654

$509/SF

Building Size

9,244 SF

Asset Type

Hospital

Closing

Apr 10, 2026

AI

The property asset involved in this transaction is a medical office located at 112 Del Prado Boulevard in Cape Coral. The sale price for the asset was $4,711,654. The property encompasses a total area of 9,244 square feet, equating to approximately $509 per square foot.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $4,711,654
  • Address: 112 Del Prado Boulevard
  • Market: Cape Coral
  • Buyer: Daniel Esden
  • Seller: Arjun Gangakhedkar
  • Buyer's Representative: Justin Walker
  • Seller's Representatives: Rahul Chhajed, Michael Moreno & Tyler Swade - Matthews
  • Square Footage: 9,244
  • Price Per Square Foot: $509

The individuals involved in the deal include buyer Daniel Esden and seller Arjun Gangakhedkar, who were represented by their respective brokers. Justin Walker represented the buyer, while the seller was represented by a team from Matthews, including Rahul Chhajed, Michael Moreno, and Tyler Swade, facilitating the transaction.

Players

Michael Moreno

Matthews

Broker

$116.4M

vol

18 deals

Broker

Cape Coral Hospital Market Snapshot

Boundary boundary · Hospital · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.37%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93