James Cahill Of Remax Represents Tenant In Lease Of 66078 Square Feet At 8757 Georgia Ave Silver Spring
8757 Georgia Ave, Silver Spring, MD...
Building Size
66,078 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 8757 Georgia Ave, Silver Spring, MD. The total square footage of the property is 66,078. The market for this property is identified as Silver Spring.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 8757 Georgia Ave, Silver Spring, MD
- Market: Silver Spring
- Tenant's Representative: James Cahill - Remax
- Landlord: Washington Property Company
- Square Feet: 66,078
In this lease transaction, James Cahill represented the tenant while Washington Property Company acted as the landlord for the agreement. The deal underscores the collaboration between the tenant's representative and the property management firm involved.
Players
Silver Spring Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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