Tadashi Yanai's Uniqlo Leases 22000 Square Feet At 3262 M Street NW In Washington DC
3262 M Street Northwest
Building Size
22,000 SF
Asset Type
Retail
Closing
Apr 30, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 3262 M Street Northwest in Washington, DC. The property encompasses 22,000 square feet and is situated in the Georgetown market. The landlord for this asset is Jamestown.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3262 M Street Northwest
- Market: Washington, DC
- Asset Size: 22,000 SF
- Landlord: Jamestown
- Tenant: Tadashi Yanai - Uniqlo
The transaction marks Uniqlo's lease of the space that previously housed J. Crew, with Tadashi Yanai representing the tenant in this deal. This lease reflects Uniqlo's expansion into the Georgetown Park complex.
On the Map
Retail
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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