Updated Oct 29, 2024
Thor Equities Acquires Commercial Property In Rockville For $45M
20 W Gude Dr, Rockville, MD, 20850
$45,000,000
Building Size
—
Asset Type
Commercial
Closing
Jan 4, 2022
About this deal
AI
The property involved in this transaction is a commercial asset located at 20 W Gude Dr, Rockville, MD, 20850. The property was sold for $45,000,000.00 in Rockville.
Summary of transation details:
- Property Type: Commercial
- Transaction Amount: $45,000,000.00
- Asset Address: 20 W Gude Dr, Rockville, MD, 20850
- Seller's Rep: Thomas Bolen III (Rappaport)
- Buyer: Thor Equities
Thomas Bolen III from Rappaport represented the seller in this transaction, while Thor Equities acted as the buyer.
The commercial sale at 20 W Gude Dr, Rockville, MD, 20850 in Rockville, Maryland sold for $45M in 2022. 20 W Gude Dr, Rockville, MD, 20850 is classified as Commercial on Traded. Thomas Bolen III, Rappaport appear on the sale alongside Rappaport. This page is the Rockville, Maryland file for the 20 W Gude Dr, Rockville, MD, 20850 commercial sold: pricing, party profiles, and other closed commercial comps from the same Rockville sit in the Market section below. Filter that Rockville commercial set by closing date to see what else sold near 20 W Gude Dr, Rockville, MD, 20850 around 2022. Published consideration for 20 W Gude Dr, Rockville, MD, 20850 is $45M, dated 2022. Cite this Thor Equities Acquires Commercial Property In Rockville For $45M sale when underwriting similar commercial product around Rockville, Maryland.
On the Map
$45,000,000
Commercial
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Players
Rockville Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93