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4807 Stonecroft Boulevard

Updated Dec 4, 2024

AT&T Leases 111,000 SF Office At Stonecroft IV, Chantilly, VA From Menlo Equities
LEASEDOffice

AT&T Leases 111,000 SF Office At Stonecroft IV, Chantilly, VA From Menlo Equities

4807 Stonecroft Boulevard

Building Size

111,000 SF

Asset Type

Office

Closing

Feb 28, 2024

About this deal

AI

An office building located at 4807 Stonecroft Boulevard in Chantilly, VA, has seen a recent leasing transaction involving Menlo Equities as the landlord and AT&T as the tenant. The 111,000-square-foot property was leased by AT&T for an asking rent of $22 per square foot.

Summary of transaction details:

AT&T's lease of the 111,000-square-foot space at Stonecroft IV in Chantilly, VA, signifies a consolidation move for the company, bringing together several of its Northern Virginia locations into one centralized office within the Menlo Equities-owned property.

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Players

Marc Rosenberg

Cushman & Wakefield

Broker

4 deals

Broker

Chantilly Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $22 per square foot for 111,000 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

721045.45%

Cash-on-Cash

-206077.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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