facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Dc

/

Office

/

Lease

/

1255 Union St NE, Washingto...

Updated Oct 29, 2024

NeighborWorks America Leases Office Space At 1255 Union St NE, Washington
LEASEDOffice

NeighborWorks America Leases Office Space At 1255 Union St NE, Washington

1255 Union St NE, Washington, DC, 2...

Building Size

48,000 SF

Asset Type

Office

Closing

Jan 5, 2022

About this deal

AI

The leased property located at 1255 Union St NE, Washington, DC, boasts a total of 48,000 square feet and serves as an office space. The tenant, NeighborWorks America, signed the lease agreement facilitated by Tucker Farman from JLL, representing the tenant, with Carr Properties acting as the landlord.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Tenant: NeighborWorks America
  • Tenant's Rep: Tucker Farman(JLL)
  • Landlord: Carr Properties
  • Address: 1255 Union St NE, Washington, DC
  • Market: Washington
  • Square Feet: 48,000

The deal involved NeighborWorks America as the tenant and Carr Properties as the landlord, with Tucker Farman from JLL representing NeighborWorks America in the lease transaction. This transaction signifies a significant agreement in the Washington office market, adding to the vibrant leasing activity in the area.

Players

Tucker Farman

JLL

Broker

1 deal

Broker
CP
CARR PropertiesLandlord

Washington Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Deal FAQ

Visit JLL to view all their deals.

Browse Washington office leases on Traded.

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

More Deals

Nearby Markets