OneDigital Leases Office Space At 909 Rose Ave, North Bethesda From Federal Realty Investment Trust
909 Rose Ave, North Bethesda, MD, 2...
Building Size
16,245 SF
Asset Type
Office
Closing
Nov 22, 2023
About this deal
AI
The office located at 909 Rose Ave in North Bethesda, MD, with a total of 16,245 square feet, was leased in Rockville. The tenant, OneDigital, was represented by Steve Silverberg from JLL, while the landlord in this transaction was Federal Realty Investment Trust.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: OneDigital
- Tenant's Rep: Steve Silverberg(JLL)
- Landlord: Federal Realty Investment Trust
- Address: 909 Rose Ave, North Bethesda, MD
- Market: Rockville
This lease deal involved Steve Silverberg of JLL representing OneDigital in securing the office space at 909 Rose Ave. Federal Realty Investment Trust served as the landlord in this transaction.
Players
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