Andrew Fallon, Market Leader and SRS Managing Director and Rick Fernandez, Sr. Managing Director are opening the new Mid Atlantic territory for SRS with prominent wins on listings for sale of nearly 15,000 leased square feet of retail space in several of DC’s most prominent urban retail locations.
The properties are located in three diverse and dynamic neighborhoods; the rapidly redeveloping U Street Corridor, the heart of Downtown a block away from the Capitol One Arena, and directly on 14th in DC’s still red-hot Logan Circle neighborhood. The renovated properties are fully leased under landlord friendly terms with structured rent increases and offer investors strong guarantees and an opportunity to diversify their investment portfolios with a backstop to the wildly fluctuating equites market. Asking prices range from $3M-$5M at market cap rates.
For more information on these Washington DC urban listings please contact Andrew Fallon [email protected], 703-787-4733 or Rick Fernandez [email protected], 703-787-4732.
SRS’ National Net Lease Group, with more than $1.5 billion in assets currently listed for sale, successfully completed more than 400 transactions across 35 states nationwide in 2019.
About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 25 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, and investment services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit srsre.com.