SOLDMedical Office
Physician Real Estate Capital Advisors Acquires Medical Office In Naperville For $15.2M
1243 Rickert Drive
$15,200,000
$763/SF
Building Size
19,900 SF
Asset Type
Medical Office
Closing
Aug 11, 2022
AI
The medical office property located at 1243 Rickert Drive in Naperville has been sold for $15,200,000. This property spans a total area of 19,900 square feet, resulting in a price per square foot of $764.
Summary of transation details
- Property Type: Medical Office
- Transaction Amount: $15,200,000
- Address: 1243 Rickert Drive, Naperville
- Market: Naperville
- Square Footage: 19,900
- Price per Square Foot: $764
The sale of this medical office property was facilitated by Scott Niedergang from Physician Real Estate Capital Advisors, LLC.
Players
Naperville Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93