St. John Properties Leases 9000 Square Feet At 2125 Greenspring Dr Timonium With Tenant's Rep Matt Copeland And Cooper A. Henry
2125 Greenspring Dr, Timonium, MD...
Building Size
9,000 SF
Asset Type
Industrial
Closing
Aug 29, 2022
AI
The property involved in this lease transaction is located at 2125 Greenspring Dr, Timonium, MD, within the Lutherville Timonium market. This lease encompasses a total of 9,000 square feet, providing ample space for the tenant's operations.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 2125 Greenspring Dr, Timonium, MD
- Market: Lutherville Timonium
- Square Feet: 9,000
- Landlord: St. John Properties
- Tenant's Representatives: Matt Copeland, Cooper A. Henry
The key individuals involved in this transaction include Matt Copeland and Cooper A. Henry, who represented the tenant in this leasing agreement. The transaction reflects the collaboration between the tenant's representatives and the landlord, St. John Properties, to finalize the lease details effectively.
Players
Lutherville Timonium Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93