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9151 Rumsey Rd, Columbia, M...

Celebree Schools Leases 10000 Square Feet At 9151 Rumsey Rd Columbia With Landlord Finmarc Management Inc
LEASEDOffice

Celebree Schools Leases 10000 Square Feet At 9151 Rumsey Rd Columbia With Landlord Finmarc Management Inc

9151 Rumsey Rd, Columbia, MD, 21045

Building Size

10,000 SF

Asset Type

Office

Closing

Jan 24, 2022

AI

The property involved in this transaction is located at 9151 Rumsey Rd, Columbia, MD, 21045, within the Columbia market. It has a total square footage of 10,000 square feet. The transaction pertains to a lease agreement involving Celebree Schools as the tenant and Finmarc Management Inc as the landlord.

Summary of transaction details:

The transaction involved key representatives instrumental in the deal. Megan Williams represented Celebree Schools, while the landlord's interests were represented by Kate Jordan, Marley Welsh from Lee & Associates, and Christopher Baird from Finmarc Management Inc.

Players

Megan Williams

Cushman & Wakefield

Broker

2 deals

Broker
FI
Finmarc Management, Inc.Landlord

Columbia 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