$4,355,000 Medical Office Building, Miami, Florida
$4,355,000
3.25% fixed, locked at application
5 year fixed rate loan + 5 year extension option
25 year amortization
step down prepayment penalty
Tenants include primarily small medical practices and medically related businesses. Building has 35,528 SF, many short term and month to month leases.
This was an acquisition, 60 day closing.
Closed by Zach Nimhauser & Michael Brown
