Cordero Hospitality Leases 4800 Square Feet At 3865 Wilson Blvd Arlington From American Realty Advisors
3865 Wilson BLVD, Arlington, VA, 22203
Building Size
4,800 SF
Asset Type
Commercial
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 3865 Wilson BLVD, Arlington, VA, 22203. It consists of 4,800 square feet and is situated in the Arlington market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 4,800
- Address: 3865 Wilson BLVD, Arlington, VA, 22203
- Market: Arlington
- Tenant: Cordero Hospitality
- Landlord: American Realty Advisors
- Tenant's Rep: Chris Saa (Divaris Real Estate)
- Landlord's Reps: Alex Walker, Bill Miller
The deal involves several key individuals and entities, with Chris Saa representing the tenant, Cordero Hospitality, from Divaris Real Estate. The landlord, American Realty Advisors, is represented by Alex Walker and Bill Miller in this transaction.
Players
Arlington Commercial Market Snapshot
Boundary boundary · Commercial · 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