Fried Frank Extends Lease At 801 17th St. NW In Washington, DC
801 17th Street Northwest, Washington, District Of Columbia 20006, United States
$103,000
$103,000/SF
Building Size
103,000 SF
Asset Type
Office
Closing
Apr 25, 2023
AI
The office property located at 801 17th St. NW in Washington, DC has been leased. The tenant for this lease is Fried Frank, a renowned company in the legal industry. The lease terms include a 10-year lease extension.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Tenant: Fried Frank
The deal was facilitated by Kyle Luby, Matt Pacinelli, and Andy Eichberg from Stream Realty Partners, who represented the tenant in this lease agreement. The exact details of the deal, such as the asking rent and square footage, were not provided in the available information.
Players
Washington Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
154.01%
Cash-on-Cash
-44.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93