SOLDOffice
Perseus TDC Acquires Office Property In Bethesda From Klinedinst Management
4405 East-West Highway, Bethesda, Maryland 20814, United States
Building Size
65,000 SF
Asset Type
Office
Closing
Mar 6, 2022
About this deal
AI
The office property located at 4405 East-West Highway in Bethesda, Md has been sold in a recent transaction. The property spans approximately 65,000 square feet and is comprised of office space. The sale of this asset was completed on DATE: 03/07/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not provided
- Address: 4405 East-West Highway, Bethesda, Md
- Market: Bethesda, Md
- Buyer: Perseus TDC - Adam Peters
- Seller: Klinedinst Management
The buyer in this transaction is represented by Adam Peters from Perseus TDC. The seller is Klinedinst Management.
Players
Bethesda Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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