Updated Oct 19, 2026
Vertical Church Acquires Medical Office Campus In Sunrise For $15.1 Million From Felice And Louis Bombart
555 Southwest 148th Avenue
$15,100,000
$187/SF
Building Size
80,749 SF
Asset Type
Medical Office
Closing
Dec 4, 2025
About this deal
AI
A seven-building, 80,749-square-foot former health care campus located at 555 Southwest 148th Avenue in Sunrise has been sold for $15.1 million. The price translates to approximately $187 per square foot. The asset is designed to serve medical office purposes.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $15,100,000
- Buyer: Vertical Church
- Seller: Felice Bombart & Louis Bombart
- Lender: Wesleyan Investment Foundation
- Square Footage: 80,749
- Price per Square Foot: $187
This acquisition provides Vertical Church with ample space for expansion adjacent to its existing property. The financing for the purchase includes a mortgage of $14 million from Wesleyan Investment Foundation.
On the Map
$15,100,000
$187/SF
Medical Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.05%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93