Charlottesville State Farm Office
An office property in Charlottesville, Virginia. Securitized in 1 CMBS deal in 2014.
$72.9MAppraised value (latest deal)
100.0%Occupancy
$4.9MUnderwritten NOI
6.7%Implied cap rate
- Address
- 1500 State Farm Boulevard, Charlottesville, VA 22909
- Property type
- Office · Suburban
- Year built
- 1978
- Size
- 362,155 SF
- Sponsor
- JDM Partners Opportunity Fund II LLC
- Loan purpose
- Acquisition
- Largest tenant
- State Farm Mutual Automobile Insurance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| COMM 2014-UBS3 | 2014-06-04 | $72.9M | 100.0% | $4.9M | 6.7% | $13.5M | 71.0% | 2.02x | 424B |
More CMBS properties in Virginia →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.