Updated Dec 4, 2024
Marcus & Millichap Sells Medical Office In Fort Myers For $13.2M
13813 Metro Parkway
$13,200,000
$343/SF
Building Size
38,404 SF
Asset Type
Medical Office
Closing
Apr 26, 2024
About this deal
AI
The medical office property located at 13813 Metro Parkway in Fort Myers was recently sold for $13.2 million. The building, constructed in 2006, offers a total of 38,404 square feet of space in the market of Fort Myers.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $13,200,000
- Address: 13813 Metro Parkway
- Market: Fort Myers
- Square Footage: 38,404
- Price per Square Foot: $344
- Brokers: Alex Sacks, Brett Rodgers & Frank Roti - Marcus & Millichap
The sale of this medical office property was facilitated by the brokerage firm Marcus & Millichap. The transaction involved brokers Alex Sacks, Brett Rodgers, and Frank Roti representing the parties in this deal.
On the Map
$13,200,000
$343/SF
Medical Office
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Players
Fort Myers Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93