SOLDCommercial
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
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.
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