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3020 Hamaker Ct, Fairfax, V...

Global Medical REIT Acquires Property At 3020 Hamaker Ct Fairfax For $21M With Jon Goldstein As Seller's Rep
SOLDMedical Office

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

Jon Goldstein

Avison Young

Broker

$264.9M

vol

5 deals

Broker

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