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3619 Georgia NW

WASHINGTON, DC 20010
  • $1,350,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: DCDC2153528
UPDATED: 28 min ago
$1,350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2022
County:

School Ratings & Info

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.

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©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 Pearson Smith 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: 2024-10-11T23:52:22.333.
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3619 Georgia NW WASHINGTON, DC 20010

  • Price: $1,350,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 28 min ago
  • ID#: DCDC2153528
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2022
Built
Neighborhood:
Park View
County:
Washington
School District:
District Of Columbia Public Schools
Property 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.
Exterior Features

Construction Materials Other Garage YN No Parking Types On Street Property Condition Excellent Soil Types Urban Land Not Rated Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2363.00 Cooling Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 2363.00

Property Features

Accessibility Features Level Entry - Main Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN Yes Navigable Water YN N Net Operating Income 93475.00 New Construction YN Yes Number Of Units Total 1 Original MLSNumber 803270034132 Ownership Interest Condominium Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 15206.00 Tax Lot 2011 Total Actual Rent 93475.00 Vacation Rental YN No Water Source Public Zoning 048 - COMMERCIAL-RETAIL

Listing courtesy of EXP Realty, LLC: .


©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 Pearson Smith 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: 2024-10-11T23:52:22.333.
 
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