696 Virginia Road, Concord, MA

Acquisition Summary
Ownership Interest 100%
Purchase Price (million) US$26.9


Property Statistics
Property Type Office
NLA (sf) 104,527
Occupancy 100.0%
Current Rent (psf pa) US$22.43
Mark Rent (psf pa) US$21.50
WALT (by income) 10.7 years
Class B
Completion Date/Major Refurbishment 1970/1998

Valuation Summary
Valuation (million) US$30.7
Cap Rate 6.50%
Valuer CBRE
 


Major Tenant Profile
Tenant Square Feet % by Area Lease Maturity Years Remaining
Army Corp of Engineers 104,527 100% Mar 2018 10.7