facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Sale

/

12550 New Brittany BLVD, Fo...

Private Investors Acquire Fort Myers Property At 12550 New Brittany Blvd For $3.25M
SOLDOffice

Private Investors Acquire Fort Myers Property At 12550 New Brittany Blvd For $3.25M

12550 New Brittany BLVD, Fort Myers...

$3,250,000

$270/SF

Building Size

12,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property asset involved in the transaction is located at 12550 New Brittany BLVD, Fort Myers, within the Fort Myers market. The sale price for the property is $3,250,000.00, and it encompasses an area of 12,000 square feet.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $3,250,000.00
  • Address: 12550 New Brittany BLVD, Fort Myers
  • Market: Fort Myers
  • Seller's Representative: Enn Luthringer - CRE Consultants
  • Buyer: Private Investors

Enn Luthringer from CRE Consultants represents the seller in this transaction. The buyer consists of private investors, engaging in the acquisition of the specified property.

Players

Enn Luthringer

CRE Consultants

Broker

$6.8M

vol

3 deals

Broker
PI
Private InvestorsBuyer

Fort Myers Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93