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Department Store

Jared - The Galleria of Jewelry | 18+ Years Remain | Washington, DC MSA | Strong Guaranty

5617 Spectrum Dr, Frederick, MD 21703

Listing Price: $6,900,000

Cap Rate
6.00%
Tenant Name
Jared - The Galleria of Jewelry
Years Remaining On Lease
18.6
Guarantor
Corporate Guarantee
Rentable SF
4,245
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$97.57

Investment Overview

This location is the chain’s first concept store in collaboration with James Allen, one of the largest online diamond and bridal jewelry retailers. The Jared’s/James Allen concept store provides an updated environment that is a significant departure from a traditional jewelry store. The new concept aims to create an elevated omnichannel shopping experience.

Investment Highlights

  • 18+ Years Remain on Corporate Lease With Increases
  • The Chain's First Dual-Branded Concept Store
  • Strong Unit-Level Sales Reported and Trending Upward

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Department Store

Jared - The Galleria of Jewelry | 18+ Years Remain | Washington, DC MSA | Strong Guaranty

Listing Price: $6,900,000

Cap Rate
6.00%
Tenant Name
Jared - The Galleria of Jewelry
Years Remaining On Lease
18.6
Guarantor
Corporate Guarantee
Rentable SF
4,245
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$97.57

Investment Highlights

  • 18+ Years Remain on Corporate Lease With Increases
  • The Chain's First Dual-Branded Concept Store
  • Strong Unit-Level Sales Reported and Trending Upward

Investment Overview

This location is the chain’s first concept store in collaboration with James Allen, one of the largest online diamond and bridal jewelry retailers. The Jared’s/James Allen concept store provides an updated environment that is a significant departure from a traditional jewelry store. The new concept aims to create an elevated omnichannel shopping experience.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

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