Description
Prime Retail Space for Sale/Lease in Washington, DC!For Lease: $50/15 Per SQFT NNNFor Sale: $1.35 MillionKey Features:Brand New Building!Exceptional Foot/Vehicle TrafficFrontage on a High-Traffic CorridorOne Block from Petworth METROClose Proximity to National RetailersTotal Rentable Space: 2,363 SqftUpper Level: 1,658 Sqft at $50/Sqft Plus NNNLower Level: 705 Sqft at $15/Sqft Plus NNNAttention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity"a prestigious location at THE EXCHANGE in Washington, DC. This spacious 2,363 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision.With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic location"truly prime real estate!THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors.This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $1,350,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $7,790, you can expect a remarkable 6.92% capitalization rate, ensuring a compelling return on your investment.Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
Description
Prime Retail Space for Sale/Lease in Washington, DC!For Lease: $50/15 Per SQFT NNNFor Sale: $1.35 MillionKey Features:Brand New Building!Exceptional Foot/Vehicle TrafficFrontage on a High-Traffic CorridorOne Block from Petworth METROClose Proximity to National RetailersTotal Rentable Space: 2,363 SqftUpper Level: 1,658 Sqft at $50/Sqft Plus NNNLower Level: 705 Sqft at $15/Sqft Plus NNNAttention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity"a prestigious location at THE EXCHANGE in Washington, DC. This spacious 2,363 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision.With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic location"truly prime real estate!THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors.This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $1,350,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $7,790, you can expect a remarkable 6.92% capitalization rate, ensuring a compelling return on your investment.Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.
Related Properties
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Amy Stanley | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-10T10:04:17.147.