LEASEDRetail
EastBanc Leases 1500 SF Retail Space At 3003 M St NW, Washington
3003 M St NW, Washington, DC, 20007
Building Size
1,500 SF
Asset Type
Retail
Closing
Sep 13, 2022
AI
The retail property located at 3003 M St NW, Washington, DC, 20007, boasting 1,500 square feet, was recently leased in the vibrant market of Washington. The landlord of the property is EastBanc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Tenant's Representative: Tucker R. Crockett
The leasing transaction was facilitated with Tucker R. Crockett as the tenant's representative, finalizing the agreement on 09/13/2022.
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