Global Medical REIT Acquires Property At 3020 Hamaker Ct Fairfax For $21M With Jon Goldstein As Seller's Rep
SOLD
$21,000,000
Virginia
See Similar DealsMedical Office96,070 SF
Sold 05/17/2022
SOLD
Global Medical REIT Acquires Property At 3020 Hamaker Ct Fairfax For $21M With Jon Goldstein As Seller's Rep
3020 Hamaker Ct, Fairfax, VA, 22031
See Similar DealsMedical Office96,070 SF
Sold 05/17/2022
Summary
VIRGINIA
Asset Type:Medical Office
Price Per Square Foot:$218
Total Square Footage:96,070 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 3020 Hamaker Ct, Fairfax, VA, 22031. The transaction amount was $21,000,000.00 for a building comprising 96,070 square feet. This asset falls within the Fairfax market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $21,000,000.00
- Address: 3020 Hamaker Ct, Fairfax, VA, 22031
- Market: Fairfax
- Square Footage: 96,070
- Seller's Representative: Jon Goldstein-Avison Young
- Buyer: Global Medical REIT
In this transaction, Jon Goldstein from Avison Young represented the seller, while Global Medical REIT acted as the buyer of the property. Specific details about other potential parties involved in the transaction have not been disclosed.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,120,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56
Is there something missing? Send suggestions