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East End DC Retail Lease Renewal

Posted by Robert on March 10, 2008
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1001 PennEast End DC Retail Lease Renewal – The current lease ends in October for the 1,652 square foot Fedex Kinkos (www.fedex.com) location at 419 11th Street NW aka 1001 Pennsylvania Avenue. Capital Retail Group(www.capitalretail.com) estimates the company will renew with their Landlord Hines (www.hines.com) at $47-$53 NNN or 35% above their current rate of $36 NNN.