facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Virginia

/

Office

/

Sale

/

1311a Dolley Madison Blvd, ...

Updated Oct 28, 2024

C2 Education Acquires Office Building In McLean For $5M
SOLDOffice

C2 Education Acquires Office Building In McLean For $5M

1311a Dolley Madison Blvd, McLean, VA, USA

$5,000,000

$298/SF

Building Size

16,756 SF

Asset Type

Office

Closing

Nov 25, 2021

About this deal

AI

Located at 1311A Dolley Madison Blvd in McLean, this office property was recently sold in a closed transaction. The property covers an area of 16,756 square feet and was sold for a total price of $5,000,000, resulting in a price per square foot of $298. The sale took place on November 25, 2021. The buyer of the property is C2 Education, represented by Sang Mun Kim and Jinsil Kim. The broker involved in the deal is Veronica Kamara from KLNB.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $5,000,000
  • Square Footage: 16,756
  • Price per Square Foot: $298
  • Address: 1311A Dolley Madison Blvd.
  • Market: McLean
  • Buyer: C2 Education - Sang Mun Kim & Jinsil Kim
  • Broker: Veronica Kamara - KLNB

Veronica Kamara from KLNB represented the buyer, C2 Education, in this transaction. C2 Education is a company owned by Sang Mun Kim and Jinsil Kim. The successful sale of this office property highlights their commitment to expanding their real estate portfolio. The transaction demonstrates a continued growth in the McLean market for office spaces.

Players

Veronica Kamara

Broker

$5M

vol

1 deal

Broker

Mc Lean Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $298 per square foot on a published $5M for 16,756 square feet (2021).

Visit Veronica Kamara to view all their deals.

Browse Mc Lean office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets