NNN Leased Investment
NNN Investment Property | Washington, DC
NOI $360,000
LEASE SUMMARY
Rentable SF 9,000+/-
sf
Land Area 4,240+/-
sf
Tenant Matchbox
Website matchboxchinatown.com
Ownership Type Fee
Simple
Lease Type NNN
Landlord Responsibilities None
Opening Fall
2012
Lease Commencement 2012
Lease Expiration 2022
Increases 3%
Annually
Options Two
(2), Five (5) year
HIGHLIGHTS
$3,000,000 in tenant made restorations and improvements to
building
Dense urban in-fill location along 14th Street/U Street
Corridor
On the corner of 14th and T Streets, surrounded by new
mixed-use developments
NNN lease with 3% annual escalations
Popular DC restaurant concept
Established operator with 6+ restaurant locations
Location has high barriers to entry and long term intrinsic
value
DC population grew by over 40% in the last decade
LOCATION OVERVIEW
You may visit our website
to view the entire inventory of
available properties.
For More information Contact:
RICK FERNANDEZ
Managing Director
(703) 787-4714
ANDREW FALLON
Assistant Vice President
(703) 787-4714
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