Tom’s Watch Bar Leases 7750 Square Feet At 1250 Half St SE With Landlord Jair Lynch Real Estate Partners
1250 Half St SE, Washington, DC, 20003
Building Size
7,750 SF
Asset Type
Retail
Closing
Sep 7, 2021
AI
The property located at 1250 Half St SE, Washington, DC, 20003, is a lease transaction comprising 7,750 square feet. This asset is situated in the Washington market and is associated with the tenant, Tom’s Watch Bar, while the landlord 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
- Tenant: Tom’s Watch Bar
- Landlord: Jair Lynch Real Estate Partners
- Tenant's Rep: Josh Miller (Pulse Property Group)
Josh Miller from Pulse Property Group represented the tenant, Tom’s Watch Bar, in this lease transaction with Jair Lynch Real Estate Partners acting as the landlord. The involvement of these key individuals and companies played a crucial role in the successful completion of the lease agreement.
Players
Washington Retail Market Snapshot
Boundary boundary · Retail · 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