Updated Dec 19, 2023
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
About this deal
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.
On the Map
$15,200,000
$763/SF
Medical Office
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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