Monticciolo Family Holdings Acquires Lakewood Ranch Office For $2.2M
9105 Town Center Parkway, Lakewood Ranch, Florida 34202, United States
$2,200,000
$647/SF
Building Size
3,400 SF
Asset Type
Office
Closing
Aug 9, 2022
About this deal
AI
The office property located at 9105 Town Center Pkwy in Lakewood Ranch has been sold. The transaction took place on 08/10/2022 and the sale price was $2,200,000. The property spans over 3,400 square feet, resulting in a price per square foot of $647.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,200,000
- Square Footage: 3,400
- Price per Square Foot: $647
- Address: 9105 Town Center Pkwy, Lakewood Ranch
The buyer of the property was Monticciolo Family Holdings. The transaction was facilitated by broker Jake LaFemina from SVN Commercial Advisory Group.
Players
Lakewood Ranch 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93