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
About this deal
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.
On the Map
$4,711,654
$509/SF
Hospital
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Players
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