facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Maryland

/

Retail

/

Sale

/

6920 Crestwood Boulevard, F...

Updated Oct 29, 2024

FB Investments Acquires Retail Property In Frederick, MD For $8.4M
SOLDRetail

FB Investments Acquires Retail Property In Frederick, MD For $8.4M

6920 Crestwood Boulevard, Frederick, Maryland 21703, United States

$8,400,000

$147/SF

Building Size

57,000 SF

Asset Type

Retail

Closing

Mar 11, 2022

About this deal

AI

The retail property located at 6920 Crestwood Blvd in Frederick, MD has been sold for a total of $8,400,000. The transaction took place on 11/03/2022. The property spans across 57,000 square feet, resulting in a price per square foot of $147. The buyer of the property is FB Investments, while VD Development Group acted as the seller. The deal was facilitated by Jacob Baruch and Daniel Baruch from Legacy Realty Group Advisors, who represented the respective parties.

Summary of transaction details

The sale of the retail property at 6920 Crestwood Blvd was successfully concluded with the assistance of the highly experienced brokers Jacob Baruch and Daniel Baruch from Legacy Realty Group Advisors. Their expertise in the market and negotiation skills benefited both the buyer, FB Investments, and the seller, VD Development Group.

Players

Jacob Baruch

Legacy Realty Group Advisors

Broker

$551.8M

vol

39 deals

Broker

Frederick Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Deal FAQ

About $147 per square foot on a published $8.4M for 57,000 square feet (2022).

Visit Daniel Baruch to view all their deals.

Browse Maryland retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets