Posts Tagged ‘Mt. Vernon’

24th
May

Apparel retailer opens in Bethesda

CourageB

We are excited to see our client, CourageB, open their first store in the area at Bethesda Row.  The journey to opening began almost a year ago as we toured various sites in Maryland, Virginia, and D.C.. Owner Nicolas Goureau reports strong demand with sales exceeding initial sales estimates.


22nd
May

Pottery Studio To Open In Vienna

Kiln&CO

We are excited to announce our client Sarah Selvaraj of Kiln and Co has sign a lease to occupy 1,400 square feet in historic downtown Vienna, Va. Kiln & Co offers paint your own pottery,workshops,gifts, and summer camps.


22nd
April

Natural Breakpoint

Some of our clients ask us to help explain percentage rent. A  landlord of a retail property may require a tenant to pay  a predetermined percentage of their retail sales above a defined breakpoint. The additional rent is calculated based on the tenant’s sales over a certain dollar amount.  A natural sales threshold or breakpoint [...]


15th
March

QSR’s continue to Rise

Like the Dow Jones QSR’s continue to rise in D.C.


4th
March

Great Streets Grant

Great_Streets_Logo

Through the great streets grant program, D.C. retailers can receive up to $85,000 for the purpose of capital expenditures to improve their leased retail space. Check out the various boundaries HERE.


27th
January

Absorption Rate Calculation

Absorption is the amount of inventory(i.e. housing units,square footage) that is leased or sold during a specific period,usually a year. Absorption typically is reported as a rate: The number of units that become leased or sold during a certain period divided by the period. For example, 500,000 square feet(sf)of retail space absorbed during the previous [...]


21st
January

Central Properties

Central Properties

Paul Sliwka is known by many as one of the most successful residential agents in the entire Washington metro area. In 2010, he asked Capital Retail Group to help find him a location and negotiate a lease for his company Central Properties. Recently, we had a chance to visit and see Paul in action.


20th
January

DC Warehouse Space Lease Comparable

BikeShare

Alta Bicycle Share leases approximately 10,000 square feet of space at 1714 2nd Street  in Southwest Washington DC  for $15 per square foot. To calculate the annual rent multiply the square fee by the price per square foot. 10,000 X 15 = $150,000 or 12,500 per month.


15th
January

Scratch DC Looking for DC Restaurant Location

scratch

Scratch DC helps make amazing meals easy. Founded by foodies, they aim to take the hassle out of creating incredible meals at home. They believe in locally-sourced ingredients, believe in saving you time and money. Now Scratch is expanding their concept to include a restaurant. We are actively searching sites Scratch DC. Where do you [...]


4th
January

Base Rent Escalation Calculation for Retailers

It is common for landlords to increase the base rent on retailers 3% annually. To understand how this would impact the rent over time, it’s important to complete the lease calculations in the entirety


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