Capital Digestive Care Leases 21000 Square Feet At 11921 Bournefield Way In Silver Spring
11921 Bournefield Way, Silver Spring...
Building Size
21,000 SF
Asset Type
Office
Closing
May 7, 2021
AI
The property involved in the transaction is located at 11921 Bournefield Way, Silver Spring, covering an area of 21,000 square feet. The market for this property is Silver Spring, and it is associated with DSC Partners LLC as the landlord.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 11921 Bournefield Way, Silver Spring
- Market: Silver Spring
- Tenant: Capital Digestive Care
- Landlord: DSC Partners LLC
- Tenant's Representative: Adam Schindler (Colliers International)
Key individuals involved in this deal include Adam Schindler representing the tenant, Capital Digestive Care, in the leasing transaction with DSC Partners LLC acting as the landlord.
Players
Silver Spring 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