facebook

traded

+ Submit
Home

/

Deals

/

Dc

/

Multifamily

/

Lease

/

1250 Half St SE, Washington...

Tropical Smoothie Café Leases 1275 Square Feet At 1250 Half St SE In Washington DC
LEASEDMultiFamily

Tropical Smoothie Café Leases 1275 Square Feet At 1250 Half St SE In Washington DC

1250 Half St SE, Washington, DC, 20003

Building Size

1,275 SF

Asset Type

MultiFamily

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1250 Half St SE, Washington, DC, 20003. It is situated within the Washington market and encompasses a total area of 1,275 square feet. The landlord for this lease is Jair Lynch Real Estate Partners.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1250 Half St SE, Washington, DC, 20003
  • Market: Washington
  • Square Feet: 1,275
  • Tenant: Tropical Smoothie Café
  • Landlord: Jair Lynch Real Estate Partners
  • Tenant's Representative: Alex Walker
  • Landlord's Representative: Ben Becker (KLNB Retail)

This lease transaction involves the representation of the tenant by Alex Walker, supporting Tropical Smoothie Café in their new location. Ben Becker from KLNB Retail represents the landlord, Jair Lynch Real Estate Partners, during this deal.

Players

Alex Walker

Broker

4 deals

Broker
Jair Lynch

Jair Lynch

Jair Lynch Real Estate Partners

Landlord

$340.3M

vol

6 deals

Landlord
TC
Tropical Smoothie CaféTenant

Washington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

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