SOLDMedical Office
Broward County Acquires Medical Office Building In Fort Lauderdale For $18.5M
2000 West Commercial Boulevard
$18,500,000
$138/SF
Building Size
133,295 SF
Asset Type
Medical Office
Closing
Jan 15, 2024
AI
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $18,500,000
- Address: 2000 West Commercial Boulevard
- Market: Fort Lauderdale
- Buyer: Broward County
- Seller: Jerry Rozenberg - Allied Health Education
- Size: 133,295 square feet
- Price per Square Foot: $139
Players
Fort Lauderdale Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93