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909 Rose Ave, North Bethesd...

Updated Oct 29, 2024

ESAB Leases Office Space At 909 Rose Ave Through NAI Capital In Rockville
LEASEDOffice

ESAB Leases Office Space At 909 Rose Ave Through NAI Capital In Rockville

909 Rose Ave, North Bethesda, MD, 2...

Building Size

20,887 SF

Asset Type

Office

Closing

Oct 4, 2021

About this deal

AI

Located at 909 Rose Ave, North Bethesda, MD, the office property in Rockville spans 20,887 square feet. The lease transaction involving this property was finalized on 10/04/2021.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Tenant: ESAB
  • Tenant's Reps: Lance Schwarz(NAI Capital), Michael (Mike) Lindeman(NAI Capital), Peter Burleigh(NAI Capital)
  • Landlord: Federal Realty Investment Trust

The Tenant's Representatives for the lease deal were Lance Schwarz, Michael Lindeman, and Peter Burleigh, all from NAI Capital. The Tenant for this particular lease agreement was ESAB, and the Landlord involved was Federal Realty Investment Trust.

Players

Lance Schwarz

NAI Global

Broker

1 deal

Broker
Federal Realty Investment Trust
Federal Realty Investment TrustLandlord

Rockville 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

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