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
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