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46320 Lexington Village Way...

Horvath & Tremblay Sell Retail Property In Lexington Park, MD For $3.72M
SOLDRetail

Horvath & Tremblay Sell Retail Property In Lexington Park, MD For $3.72M

46320 Lexington Village Way Lexington Park, Maryland20653, Usa

$3,720,000

Building Size

Asset Type

Retail

Closing

May 19, 2023

AI

The retail property located at 46320 Lexington Village Way in Lexington Park, MD has been sold for a price of $3,720,000. The transaction was completed on 05/19/2023. The property is situated in the Lexington Park market.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $3,720,000
  • Address: 46320 Lexington Village Way
  • Market: Lexington Park, MD

The sale of this retail property was facilitated by Kyle Danielson and Matt Nadler, representing Horvath & Tremblay.

Players

Kyle Danielson

Horvath & Tremblay

Broker

$55.2M

vol

15 deals

Broker

Lexington Park Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.26%

Cash-on-Cash

-1.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93