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2400 Centennial Drive

Realterm Acquires Industrial Property In Arlington From Oxford Properties
SOLDIndustrial

Realterm Acquires Industrial Property In Arlington From Oxford Properties

2400 Centennial Drive

Building Size

186,000 SF

Asset Type

Industrial

Closing

Jun 29, 2022

AI

The industrial property located at 2400 Centennial Dr in Arlington has been sold. The property has a total area of 186,000 square feet and sits on a 15-acre lot. The transaction took place on June 30, 2022.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2400 Centennial Dr, Arlington
  • Market: Arlington
  • Total Square Footage: 186,000
  • Total Acres: 15

The buyer of the property is Realterm, while the seller is Oxford Properties. The deal was facilitated by brokers from JLL, including John Huguenard, Dustin Volz, Trent Agnew, Stephen Bailey, Dom Espinosa, Zach Riebe, and Megan Babovec.

Players

Trent Agnew

JLL

Broker

$486M

vol

64 deals

Broker
Oxford Properties Group
Oxford Properties GroupBrokerage
Oxford Properties Group
Oxford Properties GroupSeller

Arlington Industrial Market Snapshot

Boundary boundary · Industrial · Sale 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