Tropical Smoothie Café Leases 1200 Square Feet At 8301 Greensboro Dr McLean From The Meridian Group
8301 Greensboro Dr, McLean, VA, 221...
Building Size
1,200 SF
Asset Type
Retail
Closing
Aug 15, 2018
AI
The property asset involved in this transaction is a leased space located at 8301 Greensboro Dr, McLean, VA. This property spans an area of 1,200 square feet and is situated in the McLean market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 8301 Greensboro Dr, McLean, VA, 221...
- Market: McLean
- Tenant: Tropical Smoothie Café
- Landlord: The Meridian Group
- Tenant's Representative: Connor McCarthy - JLL
This transaction highlights the participation of key representatives in the leasing deal, including Connor McCarthy from JLL, who represented the tenant, Tropical Smoothie Café, while The Meridian Group served as the landlord in this agreement.
Players
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