473 Group Leases 3019 SF Office Space In Alexandria From 5 Star Financial
909 N Washington St, Alexandria, VA...
Building Size
3,019 SF
Asset Type
Office
Closing
Dec 13, 2021
AI
The property involved in this transaction is an office asset located at 909 N Washington St, Alexandria, VA. It has a total square footage of 3019 and is situated in the Alexandria market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 909 N Washington St, Alexandria, VA
- Market: Alexandria
- Square Feet: 3019
- Landlord: 5 Star Financial
- Tenant: 473 Group
- Landlord's Representative: Scott Rabin, Todd McManus-Klnb
The transaction represents the leasing interests of 5 Star Financial, with Scott Rabin and Todd McManus-Klnb representing the landlord in this deal. The tenant involved is the 473 Group, indicating an active engagement in the office leasing market within Alexandria.
Players
Alexandria Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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