Mozzeria Leases 2000 Square Feet At 1300 H St NE Washington DC Through Alex Walker And Jared Meier
1300 H St NE, Washington, DC, 20002
Building Size
2,000 SF
Asset Type
Mixed-use
Closing
Nov 19, 2023
AI
The property asset involved is located at 1300 H St NE, Washington, DC, 20002. This property covers an area of 2000 square feet and is situated in the Washington market, providing a strategic location for commercial use.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not Specified
- Square Feet: 2000
- Address: 1300 H St NE, Washington, DC, 20002
- Market: Washington
- Tenant: Mozzeria
- Landlord: Inside Property Group
- Tenant's Representative: Alex Walker
- Landlord's Representative: Jared Meier (CBRE)
The deal was facilitated by the involvement of Alex Walker representing the tenant, Mozzeria, while Jared Meier from CBRE represented the landlord, Inside Property Group, in the transaction.
Players
Washington Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93