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:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant's Rep: Richard Rhodes (Cresa), Samuel Heiber (Cresa)
- Market: Washington
The leasing transaction was facilitated with Richard Rhodes and Samuel Heiber from Cresa representing the tenants in acquiring the office space.
Players
Washington Office Market Snapshot
Boundary boundary · Office · 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