Alpha Corporation Leases 16316 Square Feet At 21000 Atlantic Blvd Sterling VA With Tenant's Rep Kelly Katz JLL
21000 Atlantic BLVD, Sterling, VA, 20...
Building Size
16,316 SF
Asset Type
Office
Closing
Jun 26, 2019
About this deal
AI
The property involved in this transaction is located at 21000 Atlantic Blvd, Sterling, VA, encompassing a total area of 16,316 square feet. It is situated within the Sterling market. The landlord of the property is Lerner Enterprises.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 21000 Atlantic Blvd, Sterling, VA
- Market: Sterling
- Tenant: Alpha Corporation
- Landlord: Lerner Enterprises
- Tenant's Representative: Kelly Katz - JLL
Kelly Katz from JLL represented the tenant, Alpha Corporation, in this lease transaction. The details regarding the landlord and tenant's involvement in this deal are noted, highlighting the collaborative nature of this commercial arrangement.
On the Map
Office
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Players
Sterling Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93