SOLDOffice
Ashish Vakhariya, Darin Gross, And Seth Haron Of Marcus & Millichap Sell Medical Office In Jackson, Michigan For $4.35M
2775 Blake Road, Jackson, Michigan, USA
$4,350,000
$417/SF
Building Size
10,411 SF
Asset Type
Office
Closing
Dec 1, 2021
AI
A medical office located at 2775 Blake Road in Jackson, Michigan was recently sold for $4,350,000. The property spans across 10,411 square feet and has a price per square foot of $418.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $4,350,000
- Address: 2775 Blake Road, Jackson, Michigan
- Market: Jackson, Michigan
- Size: 10,411 square feet
- Price per Square Foot: $418
The sale of this medical office asset was facilitated by Seth Haron, Ashish Vakhariya, and Darin Gross of Marcus & Millichap.
Players
Jackson Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93