Unknown Buyer Acquires Property At 100 Rialto Pl Melbourne For $13.1 Million With Seller's Rep Chip Wooten
100 Rialto Pl, Melbourne, FL, 32901
$13,100,000
$86/SF
Building Size
150,962 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
A property located at 100 Rialto Pl in Melbourne, FL, has been sold for a price of $13,100,000.00. The total square footage of the property is 150,962, and it is situated in the Melbourne market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $13,100,000.00
- Address: 100 Rialto Pl, Melbourne, FL, 32901
- Seller's Representative: Chip Wooten - CBRE
- Buyer: Unknown
The transaction was facilitated by Chip Wooten, representing the seller, CBRE. Further details regarding the buyer have not been disclosed at this time.
On the Map
$13,100,000
$86/SF
Office
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Players
Melbourne 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
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93