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5155 Parkstone Dr, Chantill...

Menlo Equities Acquires Property At 5155 Parkstone Dr Chantilly For $19.25M With James Cassidy As Seller's Rep
SOLDCommercial

Menlo Equities Acquires Property At 5155 Parkstone Dr Chantilly For $19.25M With James Cassidy As Seller's Rep

5155 Parkstone Dr, Chantilly, VA, 20151

$19,250,000

$253/SF

Building Size

75,838 SF

Asset Type

Commercial

Closing

May 25, 2021

AI

The property asset involved in this transaction is located at 5155 Parkstone Dr, Chantilly, VA, 20151. The transaction was carried out in the Chantilly market, and the asset encompasses a total square footage of 75,838. The sale price for this property was $19,250,000.00.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $19,250,000.00
  • Address: 5155 Parkstone Dr, Chantilly, VA, 20151
  • Market: Chantilly
  • Seller's Representative: James Cassidy - Newmark
  • Buyer: Menlo Equities

Key individuals involved in the transaction include the seller's representative, James Cassidy, from Newmark, who facilitated the deal on behalf of the seller, while the buyer was Menlo Equities. This transaction reflects the activities of these parties within the real estate market.

Players

James Cassidy

Newmark

Broker

$1.1B

vol

13 deals

Broker
ME
Menlo EquitiesBuyer

Chantilly Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.82%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93