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Jenkins Row-
 Washington, D.C.

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          SALE-Grocery Anchored Retail in DC


                 
 
 		 INVESTMENT HIGHLIGHTS

 Transwestern’s Washington, DC based Institutional Commercial Group (ICG) is pleased to offer a 100% fee simple interest in the retail portion of the highly successful Jenkins Row project located at 1391 Pennsylvania Avenue, SE, Washington DC.  Jenkins Row is a newly constructed mixed-use project consisting of 247 luxury  residential condominiums and 51,717 square feet of ground level retail which is 97% leased on a long-term basis to three quality tenants including Harris Teeter through 2028.
  • 97% leased with a stable long term cash flow
  • 93.5% leased to investment grade tenancy
  • Newly constructed, delivering in January 2008
  • No significant roll-over exposure until 2028:
    Harris Teeter has a  20-year lease term with four automatic
    5-year extension options  
  • Dedicated on-site retail parking  
  • Limited retail in highly populated neighborhood
  • Offered free & clear of debt/ no asking price


UNDER CONTRACT

For More Information Contact:

Dan Speilman
202.775.7074
dan.speilman@transwestern.net

Gerry Trainor
202.775.7091
gerry.trainor@transwestern.net

 

Transwestern - 1667 K Street, NW, Suite 300, Washington, DC  20006
(ph) 202.775.7000   (fax) 202.775.7009