Franklin Graham's Samaritan's Purse Acquires Industrial Property In Windsor Mill, MD For $10.5M
7120 Ambassador Road
$10,500,000
$128/SF
Building Size
82,000 SF
Asset Type
Industrial
Closing
Nov 1, 2023
AI
Samaritan’s Purse, an evangelical Christian humanitarian aid organization, has acquired an 82,000-square-foot office and warehouse building located at 7120 Ambassador Road in Windsor Mill, MD. The property was purchased from GPT Properties Trust for a total of $10.5 million. The transaction reflects a price per square foot of $128.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,500,000
- Address: 7120 Ambassador Road, Windsor Mill, MD
- Market: Windsor Mill, MD
- Buyer: Franklin Graham - Samaritan’s Purse
- Seller: GPT Properties Trust
- Buyer's Representative: Eric Skogmo & Ned Brady - Lee & Associates
- Seller's Representative: David Dannenfelser & John Boote - Cushman & Wakefield
- Square Footage: 82,000
- Price per Square Foot: $128
This transaction demonstrates Samaritan’s Purse's acquisition of the office and warehouse building for their operational needs. The buyer was represented by Eric Skogmo and Ned Brady of Lee & Associates, while the seller was represented by David Dannenfelser and John Boote of Cushman & Wakefield.
Players
Windsor Mill Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93