TMT Properties Acquires Office Building From Barron Collier In Naples For $6.25M
1415 Panther Ln
$6,250,000
$208/SF
Building Size
30,000 SF
Asset Type
Office
Closing
Nov 15, 2021
About this deal
AI
The property located at 1415 Panther Ln in Naples is categorized as an office asset. The transaction was completed for a price of $6,250,000.00, with a total square footage of 30,000.0.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,250,000.00
- Address: 1415 Panther Ln
- Market: Naples
- Broker: TYLER KUHLMAN
- Buyer: TMT PROPERTIES
- Seller: BARRON COLLIER
In this transaction, Tyler Kuhlman acted as the broker representing the deal, coordinating between the buyer, TMT Properties, and the seller, Barron Collier.
The office sale at 1415 Panther Ln in Naples, Florida sold for $6.3M in 2021. The building is 30,000 square feet, implying about 208 per square foot on the published price. Tyler Kuhlman, CBRE appear on the sale alongside CBRE. This page is the Naples, Florida file for the 1415 Panther Ln office sold: pricing, party profiles, and other closed office comps from the same Naples sit in the Market section below. Filter that Naples office set by closing date to see what else sold near 1415 Panther Ln around 2021. Published consideration for 1415 Panther Ln is $6.3M, dated 2021. Cite this TMT Properties Acquires Office Building From Barron Collier In Naples For $6.25M sale when underwriting similar office product around Naples, Florida.
On the Map
$6,250,000
$208/SF
Office
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Players
Naples 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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93