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
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.
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