Ray Schupp Of H&R Retail Leases 5000 SF Retail Space In Arlington
1101 S Joyce St, Arlington, VA, 22202
Building Size
5,000 SF
Asset Type
Retail
Closing
Oct 26, 2021
About this deal
AI
The property asset involved is a retail space located at 1101 S Joyce St, Arlington, VA, 22202. It encompasses a total of 5,000 square feet and is situated in the Arlington market. The landlord of this asset is Federal Realty.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Feet: 5000
- Tenant's Representative: Ray Schupp-H&R Retail
- Landlord: Federal Realty
This lease transaction on October 26, 2021, involved significant representation. Ray Schupp of H&R Retail represented the tenant in the deal, ensuring the interests of the party were adequately managed during the leasing process.
On the Map
Retail
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Players
Arlington 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