Rappaport Leases 29089 Square Feet At 2646 Naylor Rd SE Washington DC
2646 Naylor Rd SE, Washington, DC 20020
Building Size
29,089 SF
Asset Type
Mixed-use
Closing
May 29, 2019
AI
The property involved in this transaction is located at 2646 Naylor Rd SE, Washington, DC. It consists of a total square footage of 29,089 and is situated in the Washington market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 2646 Naylor Rd SE, Washington, DC
- Square Feet: 29,089
- Landlord: Rappaport
- Landlord's Representative: Jim Farrell-Rappaport
- Tenant: Not specified
The deal involves Jim Farrell-Rappaport representing Rappaport as the landlord’s representative in this lease transaction, although specific details regarding the tenant have not been provided.
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