3619 GEORGIA NW Washington, DC 20010
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Park View
MLS Listing ID DCDC2153528
Year Built 2022
Annual Tax Amount $15,206
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
For Lease: $40 Per SQFT($5,527 monthly) plus NNN, For Sale: $890,000
Key Features:
Brand New Building!
Exceptional Foot/Vehicle Traffic
Frontage on a High-Traffic Corridor
One Block from Petworth METRO
Close Proximity to National Retailers
Total Rentable Space: 1,658 Sqft
Ground Level Retail: 1,658 Sqft at $40/Sqft Plus NNN
Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity—a prestigious location at THE EXCHANGE in Washington, DC. This spacious 1,658 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 $890,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $5,527, you can expect a remarkable 7,45% 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.
Location
State DC
County Washington
Zoning 048 - COMMERCIAL-RETAIL
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3032//2011
Ownership Condominium
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=rJRW7Uog1g5&brand=0&mls=1&
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Eaton Elementary School
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Oyster Adams Bilingual School Oyster
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Ross Elementary School
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Lafayette Elementary School
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D C Preparatory Edgewood Elementary Public Charter School
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Maury Elementary School
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Marie Reed Elementary School
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Latin America Montessori Bilingual Lamb Public Charter School
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West Education Campus
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Inspired Teaching Demonstration Public Charter School
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Thomson Elementary School
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Truesdell Education Campus
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Center City Shaw Campus Public Charter School
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Barnard Elementary School
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Washington Latin Public Charter School Middle School
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Washington Yu Ying Public Charter School
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Two Rivers Public Charter School Elementary School
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Ludlow-Taylor Elementary School
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D C Preparatory Edgewood Middle Campus Public Charter School
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Kipp Dc Spring Academy
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School Without Walls @ Francis-Stevens Education Campus
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Hardy Middle School
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Columbia Heights Education Campus
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Howard University Middle School of Math and Science
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Stuart Hobson Middle School
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Cesar Chavez Public Charter School for Public Policy Chavez Preparatory
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Paul Public Charter School Middle School
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Walker-Jones Education Campus
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Wheatley Education Campus
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Edmund Burke School
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Parkmont School
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MacFarland Middle School
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Shaw Middle School
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National Children's Center
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Choice Academy at Emery
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Kirov Academy of Ballet of Washington D.C.
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McKinley Middle School
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Youth Services Center
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School Without Walls High School
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Benjamin Banneker Academy High School
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Washington Latin Public Charter School Upper School
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McKinley Technology High School
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E L Haynes Public Charter School Kansas Ave High School
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Eastern High School
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Coolidge High School
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Dunbar High School
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Cardozo Education Campus
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Roosevelt High School
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St Johns College High School
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Emerson Preparatory School
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The School for Ethics and Global Leadership
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Latin America Youth Center Career Academy
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The Next Step Public Charter School
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Booker T Washington Public Charter School
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Paul Public Charter School International High School
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Hospitality Public Charter School
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Washington Metropolitan High School Formerly Yea
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Capital City High School Public Charter School
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