Milbrook Properties Leases 1003 Square Feet At 260 N Frederick Ave Gaithersburg With Joe Farina As Landlord's Rep
260 N Frederick Ave, Gaithersburg, M...
Building Size
1,003 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 260 N Frederick Ave, Gaithersburg, Maryland. It consists of 1,003 square feet and is situated in the Gaithersburg market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 260 N Frederick Ave, Gaithersburg, MD
- Market: Gaithersburg
- Landlord: Milbrook Properties
- Landlord's Representative: Joe Farina - Divaris Real Estate
This lease transaction features Milbrook Properties as the landlord, represented by Joe Farina from Divaris Real Estate. The specific tenant details are not disclosed in the context of this transaction.
On the Map
Retail
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Gaithersburg Retail Market Snapshot
Boundary boundary · Retail · 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