Updated Feb 19, 2026
Prime Healthcare Properties Acquires Gladiolus Surgery Center In Fort Myers For $4.6M
7431 Gladiolus Drive
$4,600,000
$628/SF
Building Size
7,315 SF
Asset Type
Medical Office
Closing
Feb 19, 2026
About this deal
AI
The 7,315-square-foot Gladiolus Surgery Center is situated at 7431 Gladiolus Drive in Fort Myers, with a sale price of $4,600,000. The property is classified as a medical office and has witnessed an appreciation in value compared to its 2017 purchase price of $3.85 million.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $4,600,000
- Buyer: Prime Healthcare Properties
- Seller: Fort Myers LLC
- Broker: Adam Palmer - CBRE
- Square Footage: 7,315
- Price Per Square Foot: $629
Adam Palmer represented Prime Healthcare Properties in this transaction. The building remains fully leased to SCA Health Gladiolus Surgery Center, highlighting its ongoing operational status within the healthcare sector.
On the Map
$4,600,000
$628/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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93