SOLD
Syndicated Equities Acquires Medical Office In Fenton, MO For $14.4M
1345 Smizer Mill Rd 1701 a Fenton, MO 63026, USA
$14,400,000
$261/SF
Building Size
55,000 SF
Asset Type
—
Closing
Jun 7, 2022
AI
A medical office located at 1345 Smizer Mill Rd 1701 a in Fenton, MO was recently sold for a price of $14,400,000. The property spans 55,000 square feet, resulting in a price per square foot of $262.
Summary of transation details
- Property Type: Medical Office
- Transaction Amount: $14,400,000
- Address: 1345 Smizer Mill Rd 1701 a, Fenton, MO
- Market: Fenton, MO
- Square Footage: 55,000
- Price Per Square Foot: $262
The buyer in this transaction is Syndicated Equities.
Players
Fenton CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.10%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93