NNN Retail Condo in DC For Sale

 NNN Leased Investment 

  

                                                    NNN Retail Condos  Washington DC

                                   Asking Price $2,955,000  NOI $218,672  CAP Rate 7.4%

1133 - 1135 14th Street NW | Washington, DC 20005

Property Conveyed at Closing

Condo Unit 1133        CulinAerie

Condo Unit 1135        Daily 14 Newsstand-Deli

Parking Spaces            6

In-Building Storage Units      2

Rentable Area of Units 1133, 1135    4,725 sf

Investment Highlights

NNN Leases with 3% annual escalations

Prime street level retail with High Barriers to Entry and Private Ownership

Situated at Massachusetts Avenue/14th Street crossroads 20,000+ ADT

Dense downtown location surrounded by office, hotel, retail and residential

Location Overview

You may visit our website

www.calkain.com

to view the entire NNN Leased Investment Properties 

For More information Contact:

RICK FERNANDEZ

Managing Director

(703) 787-4714

refinanced@calkain.com

ANDREW FALLON

Assistant Vice President

(703) 787-4714

afallon@calkain.com

CALKAIN URBAN INVESTMENT ADVISORS

a division of Calkain Companies

W A S H I N G T O N   D C | F L O R I D A |  M A R Y L A N D  |  D E L A W A R E | B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.

NN leased Investment 

NN Leased  Massaponax Retail Center at Cosner's Corner Fredericksburg, VA

                            Asking Price $7,550,000 | CAP Rate 7.50%

NOI                         $566,428

Rent/Month              $47,202

Rent/SF                    $28.16

Rentable Square Feet  20,000

Parking Spaces           126

Tenant Name            Sleepy's, Subway, Pan Asian, ML Investments, Mexico Grill

Guarantor                 Varies

Website                     www.cosnerscorner.com

Ownership Type             Fee Simple

Lease Type                     NN

Lease Expiration Date     2013-2018

Increases                        Avg. $2.13/foot/year

INVESTMENT HIGHLIGHTS

20,000 foot Strip Center with 5 active leases within a 75 store Power Center.

Minutes from the new HCA Spotsylvania Regional Medical Center with opportunity for Medical Office recruitment.

Just off I-95 Exit 126 Massaponax at intersection of Spotsylvania Parkway.

Easy access to regional commuters, area shoppers and 2500 new homes.

Shadow anchored by Target, Marshall's, Ross', Petsmart, Staples, Dick's Sporting Goods, Kohl's

Well established asset in hot Washington DC market

LOCATION OVERVIEW

           

 JUST SOLD

    

Cedar Creek Station                                                                                     Heritage Hunt Retail Center   

For More information Contact:

 Betty Learned Friant

Vice President

(703) 787-4714 x16

bfriant@calkain.com

You may visit our website

www.calkain.com

to view the entire NNN Leased Investment Properties 

CALKAIN REALTY ADVISORS

a division of Calkain Companies

W A S H I N G T O N   D C |  F L O R I D A |  M A R Y L A N D  |  D E L A W A R E  |  B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.                                

NNN leased Investment Property For Sale

NNN Leased Investment 

Inova NNN  Leased Condo Ashburn, VA

                                                Asking Price $1,625,000 CAP Rate 7.00%

Inova  44095 Pipeline Plaza Ashburn, VA

NOI               $113,687

Unit Size         5,256 SF

Business Type Medical Practice

Lease Type      NNN Condo

Rent Commencement Oct 2010

Lease Term      10 years

Options           One (1), five (5) year term

Rent Escalation        3% Annually

HIGHLIGHTS

Investment grade (AA+) guaranty of a new 10-year NNN lease

Class A professionally managed office condo building built in 2008 with 90% of space sold or leased

Inova space includes ownership of prominent building signage rights

3.00% annual rent escalations

Strategic office location with visibility along commuter Route 640 (39,000 ADT) and easy access to Dulles Toll Road 267, Route 7, Route 28, and Loudoun County Parkway

Ashburn is desirable Washington, DC sub-market with strong fundamentals and an extremely low unemployment rate.

You may visit our website

www.calkain.com

to view the entire NNN Leased Investment Properties 

For More information Contact:

JERRY BURG                                                

Managing Director

(703) 787-4714

jburg@calkain.com                              

ANDREW FALLON

Associate

(703) 787-4714

afallon@calkain.com

CALKAIN REALTY ADVISORS
a division of Calkain Companies

W A S H I N G T O N   D C |  F L O R I D A |  M A R Y L A N D  |  D E L A W A R E   |  B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.