|Net Operating Income (NOI)||$100,000|
|Lease Type||Ground Lease|
|Lease Term Remaining||15 Years|
- Absolute NNN ground lease
- Investment grade credit: AA- by S&P
- Corporate guaranty
- Brand new build-out including new roof with long-term lease
- 10% rent Increases every 5 years starting year 6
- Hard signalized corner of Riggs Road and Chillum Road, with traffic count 20,511 VPD
- Strong demographics: population of 30,000 and average HH income of $72,000 within 1 mile.
- Located 6 miles from The White House and US Capitol building
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900 Chillum Road