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
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.
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