Close of Escrow: DC Prime in Ashburn, VA

SIG is pleased to announce the recent closed transaction of DC Prime in Ashburn, Virginia.

Investment Highlights Include:

100% Occupied Single Tenant Absolute NNN with 18.5 Years Remaining
Three (3) x Five (5) Year Renewal Options
1.50% Annual Rent Increases – Next Rent Increase is in October 2017
Built in 2015 and Extremely Well Maintained
Guarantor is Arizona’s at Stonecrest Inc. with an Initial 5 Year Personal Guarantee from Mark Craig and Additional Rolling 2 Year Personal Guarantee from Mark Craig
Personal Guarantor is an Extremely Successful and Seasoned Restaurateur that Owns and Operates Over 15 Restaurant Concepts with Total Revenue in Excess of $35 Million
Located in One of the Most Affluent and Fastest Growing Areas in the Virginia and Washington D.C. Market – Over 168,000 Residents with an Average Household Income of $141,426 Within a 5-Mile Radius
Located Adjacent to One Loudoun – Mixed Retail, Residential, and Office Complex Including 700,000 SF of Retail Space, 3M SF of Class A Office Space and Over 1,500 Residential Units
Strong Visibility from Route 7 – Primary Commercial Retail Artery Which Leads to and From Major Markets in Northern Virginia (Over 98,000 VPD)
Adjacent to University Center – 400,000+ SF of Prime Class A Office Space, 280 Hotel Rooms, a School and 67,000+ SF of Mixed Retail
Less Than 10 Miles from Dulles International Airport