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Kyle Danielson Of Horvath & Tremblay Closes Heartland Dental Sale In Fairfax For $2.65M
SOLD
$2,650,000
Virginia
See Similar DealsRetail2,638 SF
Sold 07/02/2024
SOLD
Kyle Danielson Of Horvath & Tremblay Closes Heartland Dental Sale In Fairfax For $2.65M
Lee Jackson Memorial Hwy
See Similar DealsRetail2,638 SF
Sold 07/02/2024
Summary
VIRGINIA
Asset Type:Retail
Price Per Square Foot:$1,004
Total Square Footage:2,638 SF
Transaction Type:Sale
Heartland Dental in Fairfax, VA, located at 13045 Lee Jackson Memorial Highway, has been sold for $2,650,000. The retail property spans 2,638 square feet, resulting in a price per square foot of $1,005.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,650,000
- Address: 13045 Lee Jackson Memorial Highway
- Market: Fairfax, VA
- Broker: Kyle Danielson - Horvath & Tremblay
- Square Footage: 2,638
- Price per Square Foot: $1,005
Kyle Danielson of Horvath & Tremblay has successfully finalized the sale of Heartland Dental. The transaction marks a significant deal in the Fairfax, VA, market, showcasing the expertise and professionalism of the involved parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
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