Federal Realty Investment Trust Leases 2815 Square Feet At 1116 W Broad St In Falls Church With Tenant's Rep Christopher Saa
1116 W Broad St, Falls Church, VA, 22...
Building Size
2,815 SF
Asset Type
Retail
Closing
Jun 22, 2021
About this deal
AI
The property involved in this closed lease transaction is located at 1116 W Broad St, Falls Church, VA. It consists of 2,815 square feet and belongs to the Falls Church market. The landlord for this property is Federal Realty Investment Trust.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1116 W Broad St, Falls Church, VA
- Market: Falls Church
- Square Feet: 2,815
- Landlord: Federal Realty Investment Trust
- Tenant's Rep: Christopher Saa (Divaris Real Estate)
Christopher Saa from Divaris Real Estate represents the tenant in this transaction, facilitating the lease agreement with Federal Realty Investment Trust. This representation indicates the role of Divaris Real Estate in brokering the lease terms and negotiations on behalf of the tenant.
Players
Falls Church 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