Deal Size

5+ Million Dollars

Deal Broker

Scott Collins and Erik Gainor

Location

Florida

Multi-Tenant MOB Partnership

Florida

Zeustra represented a group of ten partners in the sale-leaseback of their medical office building located in Boynton Beach, Florida.  Our team broadly marketed the property and was able to identify a regional investor that owned other properties in the same market.  We overcame several challenges in the due diligence process that included short-term lease rollover.  In the end, we surpassed our goal of $5 Million by $300K.  We were able to achieve a very aggressive cap rate on a building that was over forty years old with an average lease term of five years. 

  • Multi-Tenant Medical Building
  • Class B Facility with Orthopedic Group Anchor
  • 30,000 SF
  • $5,300,000
  • Regional Investor - Buyer
  • Value Added: 10%