Monument Realty Sells Ashburn Retail Property For $22.5M
19945 Riverside Commons Plaza, Ashburn, Virginia 20147, United States
$22,500,000
$250/SF
Building Size
90,000 SF
Asset Type
Retail
Closing
Jul 19, 2022
AI
The retail property located at 19945 Riverside Cmns Plz Suite 100 in Ashburn, VA has been sold for a total transaction amount of $22,500,000. The property spans a total area of 90,000 square feet, resulting in a price per square foot of $250.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $22,500,000
- Address: 19945 Riverside Cmns Plz Suite 100, Ashburn, VA
- Market: Ashburn, VA
The seller of the property is Monument Realty, represented by Michael Darby. The brokers involved in the deal are Danny Brooker and Rich Sillery, both from Monument Retail.
Players
Ashburn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93