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8000 Grainger Court

Updated Dec 4, 2024

C2 Imaging Acquires Office Building In Springfield, VA For $15.9M
SOLDOffice

C2 Imaging Acquires Office Building In Springfield, VA For $15.9M

8000 Grainger Court

$15,900,000

$180/SF

Building Size

88,000 SF

Asset Type

Office

Closing

Feb 16, 2024

About this deal

AI

The property involved in the transaction is an 88,000-square-foot office and warehouse building located at 8000 Grainger Court in Springfield, VA. The property was sold for $15.9 million, equating to a price per square foot of $181.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $15,900,000
  • Buyer: C2 Imaging
  • Seller: Neil Markus - Finmarc
  • Broker: Wendy Feldman Block - Savills
  • Market: Springfield, VA

C2 Imaging purchased the office and warehouse building in Springfield, VA, for $15.9 million. The transaction was facilitated by Wendy Feldman Block of Savills, representing the buyer in the deal.

Players

Wendy Feldman Block

Savills

Broker

$15.9M

vol

1 deal

Broker

Springfield Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $180 per square foot on a published $15.9M for 88,000 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.00%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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