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1238 H St NE 1,856 SF 100% Leased Retail Building Washington, DC 20002 $999,000 ($538.25/SF) 8.30% Cap Rate

Restaurants District of Columbia Washington 1238 H St NE, Washington, DC 20002

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INVESTMENT HIGHLIGHTS

  • • 100% Leased to Granville Moore’s Brickyard
  • • NNN Lease Structure | No Landlord Responsibilities Including Roof & Structure
  • • Over 2 Million Square Feet of Commercial Space & 4,400 Multifamily Units in Development Nearby
  • • Strong Tenant History | Over 16 Years of Occupancy by the Existing Tenant
  • • NMU-4 Zoning | 3.0 FAR + Penthouse Bonus Allows for Additional Density

EXECUTIVE SUMMARY

Feldman Ruel is pleased to offer for sale 1238 H St NE, a single-tenant, net-leased retail asset situated along the heavily trafficked H Street Corridor. Granville Moore's, a neighborhood tavern serving up a Belgian-inspired menu, occupies the entire property and has operated at this location since 2008. The lease is landlord friendly with a NNN lease structure and annual increases equal to the greater of 3% or the percentage increase in CPI.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,856 SF
Building Class
C
Year Built
1900
Price
$999,000
Price Per SF
$538.25
Cap Rate
8.30%
NOI
$82,917
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.02 AC
Zoning
NMU-4/H-A - Neighborhood Mixed Use / High-density Apartment Zone
Frontage
15’ on H St

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 928 SF
  • Restaurant
  • -
  • 30 Days

2nd Gen restaurant opportunity with full bar located in the H St Corridor known for its, restaurants, pop-ups, festivals and communal atmosphere. Offered @ $50/Sf NNN. Please call with questions or to request a tour.

  • 2nd Floor
  • 928 SF
  • Restaurant
  • -
  • 30 Days
1238 H St NE, Washington, DC for sale Interior Photo- Image 1 of 3
Interior Photo
1238 H St NE, Washington, DC for sale Interior Photo- Image 2 of 3
Interior Photo
1238 H St NE, Washington, DC for sale Interior Photo- Image 3 of 3
Interior Photo

2nd Gen restaurant opportunity with full bar located in the H St Corridor known for its, restaurants, pop-ups, festivals and communal atmosphere. Offered @ $50/Sf NNN. Please call with questions or to request a tour.

Space Size Space Use Position Available
1st Floor 928 SF Restaurant - 30 Days
2nd Floor 928 SF Restaurant - 30 Days

1st Floor

Size
928 SF
Space Use
Restaurant
Position
-
Available
30 Days

2nd Floor

Size
928 SF
Space Use
Restaurant
Position
-
Available
30 Days

1st Floor

Size 928 SF
Space Use Restaurant
Position -
Available 30 Days

2nd Gen restaurant opportunity with full bar located in the H St Corridor known for its, restaurants, pop-ups, festivals and communal atmosphere. Offered @ $50/Sf NNN. Please call with questions or to request a tour.

1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1238 H St NE, Washington, DC for sale Interior Photo- Image 1 of 3
Interior Photo
1238 H St NE, Washington, DC for sale Interior Photo- Image 2 of 3
Interior Photo
1238 H St NE, Washington, DC for sale Interior Photo- Image 3 of 3
Interior Photo

2nd Floor

1238 H St NE, Washington, DC for sale Interior Photo- Image 1 of 3
Interior Photo
1238 H St NE, Washington, DC for sale Interior Photo- Image 2 of 3
Interior Photo
1238 H St NE, Washington, DC for sale Interior Photo- Image 3 of 3
Interior Photo
Size 928 SF
Space Use Restaurant
Position -
Available 30 Days

2nd Gen restaurant opportunity with full bar located in the H St Corridor known for its, restaurants, pop-ups, festivals and communal atmosphere. Offered @ $50/Sf NNN. Please call with questions or to request a tour.

LINKS

1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Cross Fit DC
[Solidcore]
Safeway
PNC Bank
Chase Bank
Truist
Bank of America
America's Best Wings
Whole Foods
Wells Fargo Bank

PROPERTY TAXES

Parcel Number 1003-0803 Improvements Assessment $545,480
Land Assessment $215,940 Total Assessment $761,420

PROPERTY TAXES

Parcel Number
1003-0803
Land Assessment
$215,940
Improvements Assessment
$545,480
Total Assessment
$761,420
(202) 318-6800

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 34097500

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 1238 H St NE, Washington, DC 20002

More public record information on 1238 H St NE, Washington, DC 20002

The H Street Retail Property at 1238 H St NE, Washington, DC 20002 is currently available. Contact Feldman Ruel for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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MATTERPORT 3D TOUR
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STREET VIEW STREET
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1238 H St NE, Washington, DC for sale Building Photo- Image 1 of 8
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1238 H St NE
(202) 318-6800 x

1238 H St NE

Adam Costanzo
(202) 318-6800

Ian Ruel
(202) 318-6800

Josh Feldman
(202) 318-6800

Brandon Shure
(202) 318-6829

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