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888 17th St NW, Washington,...

Brawner Company Leases 3246 Square Feet At 888 17th St NW To Foxtrot
LEASEDOffice

Brawner Company Leases 3246 Square Feet At 888 17th St NW To Foxtrot

888 17th St NW, Washington, DC, 200...

Building Size

3,246 SF

Asset Type

Office

Closing

Jan 30, 2023

AI

The property involved in this lease transaction is located at 888 17th St NW, Washington, DC, comprising a total area of 3,246 square feet. It is situated in the Washington market and is owned by Brawner Company.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 888 17th St NW, Washington, DC, 200...
  • Market: Washington
  • Landlord: Brawner Company
  • Tenant: Foxtrot
  • Landlord's Representative: John Asadoorian - Asadoorian Retail Solutions

John Asadoorian represents the landlord, Brawner Company, in this lease agreement with tenant Foxtrot, indicating the involvement of a professional broker in facilitating the transaction.

Players

John Asadoorian

Asadoorian Retail Solutions

Broker

4 deals

Broker

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