OA Development Sells Office Property In Blue Ash, OH For $26.5M
10151 Carver Road, Blue Ash, Ohio, USA
$26,500,000
$195/SF
Building Size
135,413 SF
Asset Type
Office
Closing
Dec 9, 2021
About this deal
AI
Located at 10151 Carver Road in Blue Ash, OH, this recently sold office property has been purchased in a closed transaction. The property, with a total area of 135,413 square feet, was sold by OA Development, a notable seller in the market. The deal was facilitated by Cushman & Wakefield, representing the seller.
Summary of transation details
- Property Type: Office
- Transaction Amount: $26,500,000
- Address: 10151 Carver Road, Blue Ash, OH
- Market: Blue Ash, OH
- Seller: OA Development
- Seller's Broker: Cushman & Wakefield
- Square Footage: 135,413
- Price per Square Foot: $196
This significant transaction highlights the involvement of OA Development as the seller, who made the decision to sell the office property. Cushman & Wakefield, a leading brokerage firm, represented OA Development in the deal. With a sale price of $26,500,000 and a price per square foot of $196, this transaction demonstrates the value and potential of the property in the market.
Players
Blue Ash Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93