Updated Feb 3, 2026
JK Land Holdings Acquires Industrial Warehouse In Sterling Virginia For $28.5 Million
45190 Ocean Court
$28,500,000
$342/SF
Building Size
83,330 SF
Asset Type
Industrial
Closing
Feb 2, 2026
About this deal
AI
An industrial warehouse property located at 45190 Ocean Court in Sterling, Virginia, has been sold for $28,500,000. The property, spanning 83,330 square feet, illustrates a price per square foot of $342.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $28,500,000
- Buyer: JK Land Holdings
- Seller: Sterling Davis Properties LLC
- Brokers: Ryan Goeller, Chase Stewart & Jeff Tarae - KLNB
- Sale Date: 02/02/2026
KLNB facilitated the off-market acquisition, representing JK Land Holdings in this transaction, providing brokerage services to ensure the successful completion of the sale.
Players
Sterling Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Jeff Tarae to view all their deals.
Browse Sterling industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93