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
About this deal
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.
Traded’s record for 3003 M St NW, Washington, DC, 20007 in Washington, DC covers a retail lease from 2022. The building is 1,500 square feet, implying about 0 per square foot on the published price. Named participants on the 3003 M St NW, Washington, DC, 20007 lease are Tucker R. Crockett. This page is the Washington, DC file for the 3003 M St NW, Washington, DC, 20007 retail leased: pricing, party profiles, and other closed retail comps from the same Washington sit in the Market section below. Filter that Washington retail set by closing date to see what else leased near 3003 M St NW, Washington, DC, 20007 around 2022. Cite this EastBanc Leases 1500 SF Retail Space At 3003 M St NW, Washington lease when underwriting similar retail product around Washington, DC.
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