Daily limit: 0/10
McDonald's Reacquires NoMa Restaurant Property For $11.5M From JBG Smith Properties Inc
SOLD
$11,500,000
Retail
Sold 12/06/2023
SOLD
McDonald's Reacquires NoMa Restaurant Property For $11.5M From JBG Smith Properties Inc
75 New York Avenue Northeast
See Similar DealsRetail
Sold 12/06/2023
Summary
Asset Type:Retail
Transaction Type:Sale
McDonald's has reacquired its NoMa restaurant property at 75 New York Ave. NE in Washington, D.C., from JBG Smith Properties for $11.5 million. The property is a retail asset located at the address mentioned. The transaction took place on 12/06/2023 in the Washington, DC market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,500,000
- Address: 75 New York Avenue Northeast
- Market: Washington, DC
JBG Smith Properties Inc represented the seller, Matt Kelly, in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40
Is there something missing? Send suggestions