Turner Right At Home Leases 4069 Square Feet At 8260 Willow Oaks Corporate Dr
8260 Willow Oaks Corporate Dr, Fairfa...
Building Size
4,069 SF
Asset Type
Office
Closing
Jun 18, 2019
AI
The property involved in this transaction is located at 8260 Willow Oaks Corporate Dr, in the Locust Grove market. The asset encompasses a total area of 4,069 square feet and is associated with the landlord KBS Real Estate Investment Trust II. The tenant occupying the space is Turner Right at Home.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 8260 Willow Oaks Corporate Dr, Locust Grove
- Square Feet: 4,069
- Tenant: Turner Right at Home
- Landlord: KBS Real Estate Investment Trust II
- Tenant's Representative: Dan Brennan (Larsen Commercial)
This lease transaction features Dan Brennan, representing the tenant Turner Right at Home through Larsen Commercial. KBS Real Estate Investment Trust II acts as the landlord in this deal.
Players
Locust Grove Office Market Snapshot
Boundary boundary · Office · 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