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8301 Greensboro Dr, McLean,...

WYLI Venture Partners Leases 2310 Square Feet From The Meridian Group In McLean VA
LEASEDRetail

WYLI Venture Partners Leases 2310 Square Feet From The Meridian Group In McLean VA

8301 Greensboro Dr, McLean, VA, 221...

Building Size

2,310 SF

Asset Type

Retail

Closing

May 17, 2019

AI

The property involved in this lease transaction is located at 8301 Greensboro Dr, McLean, VA, covering an area of 2,310 square feet within the McLean market. The transaction does not reference a specific price or monetary value associated with the lease.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 2310
  • Address: 8301 Greensboro Dr, McLean, VA, 221...
  • Market: Mc Lean
  • Tenant: WYLI Venture Partners
  • Landlord: The Meridian Group
  • Tenant's Rep: Charles Papadopoulos - Papadopoulos Properties

Charles Papadopoulos, representing WYLI Venture Partners, played a key role in the transaction, liaising with The Meridian Group as the landlord for the property lease. Their involvement illustrates the collaboration between the tenant's representative and the landlord in facilitating the lease agreement.

Players

Charles Papadopoulos

Papadopoulos Properties

Broker

1 deal

Broker
TG
The Meridian GroupLandlord

Mc Lean 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