Updated Dec 4, 2024
Realterm Acquires Industrial Property In Arlington From Oxford Properties
2400 Centennial Drive
Building Size
186,000 SF
Asset Type
Industrial
Closing
Jun 29, 2022
About this deal
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.
On the Map
Industrial
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Players
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