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8301 Greensboro Dr, McLean,...

Tropical Smoothie Café Leases 1200 Square Feet At 8301 Greensboro Dr McLean From The Meridian Group
LEASEDRetail

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

Connor McCarthy

JLL

Broker

2 deals

Broker
TG
The Meridian GroupLandlord
TC
Tropical Smoothie CaféTenant

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