DSC Partners, LLC Sells Office Property In Silver Spring, MD For $4.5M
SOLD
$4,500,000
Maryland
See Similar DealsOffice26,200 SF
Sold 03/18/2022
SOLD
DSC Partners, LLC Sells Office Property In Silver Spring, MD For $4.5M
2311 Broadbirch Drive, Silver Spring, Maryland 20904, United States
See Similar DealsOffice26,200 SF
Sold 03/18/2022
Summary
MARYLAND
Asset Type:Office
Price Per Square Foot:$171
Total Square Footage:26,200 SF
Transaction Type:Sale
An office property located at 2311 Broadbirch Drive in Silver Spring, MD has been sold for a price of $4,500,000. The property spans across 26,200 square feet, resulting in a price per square foot of $172. The sale took place on March 18, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,500,000
- Address: 2311 Broadbirch Drive, Silver Spring, MD
- Market: Silver Spring, MD
- Square Footage: 26,200
- Price Per Square Foot: $172
The seller of the property was DSC Partners, LLC. The sale was facilitated by Kenneth Fellows and Robert Pugh from Edge, representing the seller in the transaction.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
Is there something missing? Send suggestions