Supreme Lending Leases Office Space In Reisterstown From St. John Properties
118 Westminster Pike, Reisterstown...
Building Size
15,492 SF
Asset Type
Office
Closing
Sep 16, 2021
About this deal
AI
Located at 118 Westminster Pike, Reisterstown, the leased property is an office space spanning 15,492 square feet. Supreme Lending has secured the tenancy at this address in Reisterstown.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: Supreme Lending
- Tenant's Rep: Lizzy Sweeney (Cushman & Wakefield)
- Landlord: St. John Properties
- Landlord's Rep: Michael Sacks
Lizzy Sweeney from Cushman & Wakefield acted as the tenant's representative during the lease transaction, while Michael Sacks represented the landlord in the deal.
On the Map
Office
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Players
Reisterstown Office Market Snapshot
Boundary boundary · Office · 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