Medical Office Building In Columbus, Indiana Sold For $5.3M With Marcus & Millichap's Brokers
3135 Middle Dr, Columbus, IN, USA
$5,300,000
$410/SF
Building Size
12,926 SF
Asset Type
Office
Closing
Dec 2, 2021
AI
A medical office located at 3135 Middle Dr. in Columbus, Indiana has been sold for $5,300,000. The property spans 12,926 square feet with a price per square foot of $410.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $5,300,000
- Address: 3135 Middle Dr.
- Market: Columbus, Indiana
- Square Footage: 12,926 sqft
The sale of this medical office was facilitated by the following brokers: Seth Haron, Ashish Vakhariya, Darin Gross, Ryan Moore, Liam Childs, Brett Rodgers, Jacob Friedman, and Frank Roti from Marcus & Millichap.
Players
Columbus 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93