Physician Real Estate Capital Advisors Acquires Office Building In Kenosha, Wisconsin For $6.2M
1020 35th Street, Kenosha, Wisconsin 53140, United States
$6,200,000
$315/SF
Building Size
19,678 SF
Asset Type
Office
Closing
Mar 2, 2022
About this deal
AI
An office property located at 1020 35th Street in Kenosha, Wisconsin has been sold for a total of $6,200,000. The property spans across 19,678 square feet and was sold at a price per square foot of $315.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,200,000
- Address: 1020 35th Street, Kenosha, Wisconsin
- Market: Kenosha, Wisconsin
The sale was facilitated by Scott Niedergang from PRECAP (Physician Real Estate Capital Advisors) and Nathan Glaisner from Verde Investments, LLC.
The office sale at 1020 35th Street, Kenosha, Wisconsin 53140, United States in Kenosha, Wisconsin sold for $6.2M in 2022. The building is 19,678 square feet, implying about 315 per square foot on the published price. Named participants on the 1020 35th Street, Kenosha, Wisconsin 53140, United States sale are Nathan Glaisner, Scott Niedergang. This page is the Kenosha, Wisconsin file for the 1020 35th Street, Kenosha, Wisconsin 53140, United States office sold: pricing, party profiles, and other closed office comps from the same Kenosha sit in the Market section below. Filter that Kenosha office set by closing date to see what else sold near 1020 35th Street, Kenosha, Wisconsin 53140, United States around 2022. Published consideration for 1020 35th Street, Kenosha, Wisconsin 53140, United States is $6.2M, dated 2022. Cite this Physician Real Estate Capital Advisors Acquires Office Building In Kenosha, Wisconsin For $6.2M sale when underwriting similar office product around Kenosha, Wisconsin.
Players
Kenosha Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93