$4,355,000 Medical Office Building, Miami, Florida

/in

$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

zn@banyancc.com

mb@banyancc.com