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1345 Smizer Mill Rd 1701 a ...

Updated Oct 28, 2024

Syndicated Equities Acquires Medical Office In Fenton, MO For $14.4M
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

About this deal

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.

The commercial sale at 1345 Smizer Mill Rd 1701 a Fenton, MO 63026, USA in Fenton, Missouri sold for $14.4M in 2022. The building is 55,000 square feet, implying about 261 per square foot on the published price. This page is the Fenton, Missouri file for the 1345 Smizer Mill Rd 1701 a Fenton, MO 63026, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Fenton sit in the Market section below. Filter that Fenton commercial set by closing date to see what else sold near 1345 Smizer Mill Rd 1701 a Fenton, MO 63026, USA around 2022. Published consideration for 1345 Smizer Mill Rd 1701 a Fenton, MO 63026, USA is $14.4M, dated 2022. Cite this Syndicated Equities Acquires Medical Office In Fenton, MO For $14.4M sale when underwriting similar commercial product around Fenton, Missouri.

Players

SE
Syndicated EquitiesBuyer

Fenton CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $261 per square foot on a published $14.4M for 55,000 square feet (2022).

Browse Missouri sales on Traded.

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

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