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
$21,000,000
$218/SF
Building Size
96,070 SF
Asset Type
Medical Office
Closing
May 17, 2022
AI
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
Fairfax Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93