St. John Properties Leases 10800 Square Feet To Tenant Represented By Casey Veatch In Leesburg
900 Sycolin Rd, Leesburg, VA, 20175
Building Size
10,800 SF
Asset Type
Office
Closing
Nov 28, 2022
About this deal
AI
The property involved in this lease transaction is located at 900 Sycolin Rd, Leesburg, VA, 20175. The total square footage of the property is 10,800 and it is situated in the Leesburg market. The landlord for this transaction is St. John Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 900 Sycolin Rd, Leesburg, VA, 20175
- Market: Leesburg
- Square Feet: 10,800
- Landlord: St. John Properties
- Tenant's Representative: Casey Veatch (Veatch Commercial)
Casey Veatch from Veatch Commercial represented the tenant in this leasing transaction, providing professional services to facilitate the agreement between the landlord and the tenant.
Players
Leesburg 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