Leases & Comps
Deal Basics
- Property
- 4844 Cordell Avenue
- Space
- Whole Ground Floor
- Tenant
- MEEM
- Landlord
- M Street Asset Management
- Rep Side
- Tenant Rep
- Lease Type
- Direct
Terms
- Rent ($/SF)
- $65
- Rent Type
- Full Service
- Term
- 120 months
- TI Allowance
- $0/SF
- Free Rent
- 1 mo
- Escalation
- 3% annual after year 1
- Delivery Condition
- Second-generation restaurant
Pipeline & Follow-up
- Health
- At Risk
- Temperature
- Warm
- Preferred Channel
- SMS
- Next Follow-up
- Aug 1, 2026
- LOI Sent
- Dec 6, 2024
- Lease Signed
- Jan 8, 2025
- Rent Commencement
- —
- Lease Start
- Jun 29, 2025
- Lease End
- Jun 29, 2035
Notes
- Credit / Entity
- —
- Termination Option
- Early termination at month 60 with 9 months notice
- Internal Notes
- —
Commission by Milestone
Milestone vs Gross Amount
1 records