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7431 Gladiolus Drive

Prime Healthcare Properties Acquires Gladiolus Surgery Center In Fort Myers For $4.6M
SOLDMedical Office

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

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.

Players

Adam Palmer

CBRE

Broker

$198.5M

vol

4 deals

Broker

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