SF Partners Acquires Office Property In Chesapeake, VA For $18.95M
SOLD
$18,950,000
Virginia
See Similar DealsOffice172,273 SF
Sold 03/31/2023
SOLD
SF Partners Acquires Office Property In Chesapeake, VA For $18.95M
860-870 Greenbrier Circle, Chesapeake, VA,Virginia
See Similar DealsOffice172,273 SF
Sold 03/31/2023
Summary
VIRGINIA
Asset Type:Office
Price Per Square Foot:$110
Total Square Footage:172,273 SF
Transaction Type:Sale
The office property located at 860-870 Greenbrier Circle in Chesapeake, VA has been sold for a total of $18,950,000. The transaction took place on March 31, 2023, and the property offers a total square footage of 172,273. The price per square foot for this sale is $110.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $18,950,000
- Address: 860-870 Greenbrier Circle, Chesapeake, VA
- Square Footage: 172,273
SF Partners, an undisclosed buyer, is the entity that acquired this office property. They were represented by their broker in the deal.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,010,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$67,325.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$89,832.67
Annual Debt Service$1,077,992.01
Is there something missing? Send suggestions