facebook

traded

+ Submit
Home

/

Deals

/

Dc

/

Office

/

Lease

/

733 10th St NW, Washington,...

Cresa Represents Tenant In 41,732 SF Office Lease In Washington
LEASEDOffice

Cresa Represents Tenant In 41,732 SF Office Lease In Washington

733 10th St NW, Washington, DC, 200...

Building Size

41,732 SF

Asset Type

Office

Closing

Apr 10, 2019

AI

The office property located at 733 10th St NW in Washington, DC, spanning 41,732 square feet, was leased on April 10, 2019.

Summary of transaction details:

The leasing transaction was facilitated with Richard Rhodes and Samuel Heiber from Cresa representing the tenants in acquiring the office space.

Players

Richard Rhodes

Cresa

Broker

3 deals

Broker

Washington Office Market Snapshot

Boundary boundary · Office · 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