Michael Hansen Of Marcus & Millichap Sells Medical Office In Fort Worth For $Undisclosed
3304 Southeast Loop 820, Fort Worth, TX 76140
Building Size
11,500 SF
Asset Type
—
Closing
Dec 31, 2021
About this deal
AI
A medical office in Fort Worth has been sold at 3304 SE Loop 820. The property, measuring 11,500 square feet, was sold on December 31, 2021. The transaction was facilitated by Michael Hansen from Marcus & Millichap.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: Not specified
- Address: 3304 SE Loop 820
- Market: Fort Worth
- Broker: Michael Hansen - Marcus & Millichap
This deal was handled by Michael Hansen of Marcus & Millichap, representing the buyer and seller in the transaction. Additional information about the sale or the parties involved was not provided.
Players
Fort Worth 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93