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Maple Street Management Acquires 11000 SF Medical Office In Bastrop From Blue Drake Capital
SOLD
+ 1
Texas
See Similar DealsMedical Office11,000 SF
Sold 05/09/2025
SOLD
Maple Street Management Acquires 11000 SF Medical Office In Bastrop From Blue Drake Capital
3107 State Highway 71 East
See Similar DealsMedical Office11,000 SF
Sold 05/09/2025
+ 1
Summary
TEXAS
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:11,000 SF
Transaction Type:Sale
A medical office was sold located at 3107 State Highway 71 East in the Bastrop market. The asset comprises 11,000 square feet and was constructed in 2009. The property is leased to Texas Oncology on a triple-net basis.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not disclosed
- Buyer: Maple Street Management
- Seller: Robert Hoodis - Blue Drake Capital
- Brokers: David Annett, Jeff Matulis & Toby Scrivner - NorthMarq
- Mortgage Broker: Jada Purchase - NorthMarq
The transaction involved multiple key participants from NorthMarq, as they brokered the sale and provided acquisition financing for the deal, showcasing their involvement in both the brokerage and mortgage aspects of this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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