SOLDMedical Office
Candor Capital Acquires Medical Office In Browns Mills For $3,835,000 From Parivash Mazaheri
107 Trenton Road
$3,835,000
$291/SF
Building Size
13,144 SF
Asset Type
Medical Office
Closing
Aug 6, 2026
AI
The asset involved in this transaction is a medical office located at 107 Trenton Road in the Browns Mills market. The property was sold for $3,835,000, encompasses a total area of 13,144 square feet, and has a price per square foot of $291.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $3,835,000
- Address: 107 Trenton Road
- Market: Browns Mills
- Square Footage: 13,144
- Price Per Square Foot: $291
- Buyer: Candor Capital - Ben Meshel & Jeff Meshel
- Seller: Parivash Mazaheri
- Buyer's Representative: Jonathan Peranich - Peranich Huffman Net Lease Group
The transaction features buyers Ben Meshel and Jeff Meshel, representing Candor Capital, who have recently closed a portfolio of short-term, high yield Davita Dialysis clinics. They are actively seeking value-add medical deals on a national scale.
Players
Browns Mills 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
4.14%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93