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225 Reinekers Ln, Alexandri...

Solutions Physical Therapy & Sports Medicine Leases 1700 Square Feet At 225 Reinekers Ln In Alexandria
LEASEDOffice

Solutions Physical Therapy & Sports Medicine Leases 1700 Square Feet At 225 Reinekers Ln In Alexandria

225 Reinekers Ln, Alexandria, VA, 223...

Building Size

1,700 SF

Asset Type

Office

Closing

Nov 14, 2019

AI

225 Reinekers Ln, Alexandria, VA, is a leased property in the Alexandria market, with a total area of 1,700 square feet. The landlord for this transaction is EQ Office.

Summary of transaction details:

This transaction features Solutions Physical Therapy & Sports Medicine as the tenant, indicating an emphasis on the health and wellness sector in the leased space. The landlord is represented by Britton Derkac from EQ Office and a team from Newmark Knight Frank, showcasing a collaborative effort in the real estate dealings.

Players

Britton Derkac

EQ Office

Broker

1 deal

Broker
EO
EQ OfficeLandlord

Alexandria 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