Office Building Sold For $5.5M At 10 Southeast Central Parkway In Stuart
10 Southeast Central Parkway
$5,500,000
$136/SF
Building Size
40,208 SF
Asset Type
Office
Closing
Dec 4, 2024
About this deal
AI
This office asset located at 10 Southeast Central Parkway in the Stuart market has a sale price of $5,500,000. The property encompasses a total square footage of 40,208, with a price per square foot of $136.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,500,000
- Square Footage: 40,208 SF
- Price Per Square Foot: $136
- Address: 10 Southeast Central Parkway
- Market: Stuart
The transaction was represented by brokers Stuart Duffin and JJ Sanguily, both affiliated with NAI Southcoast, highlighting the collaborative efforts behind this deal.
On the Map
$5,500,000
$136/SF
Office
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Players
Stuart Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93