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:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 1700
- Tenant: Solutions Physical Therapy & Sports Medicine
- Landlord: EQ Office
- Landlord's Representatives: Britton Derkac - EQ Office, Dominic Orcino, Jeff Tarae - Newmark Knight Frank
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
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