Log In/Sign Up
Your email has been sent.
Revolt DC 1359 U St NW 2,100 SF Retail Building Washington, DC 20009 $1,860,000 ($885.71/SF) 8.64% Cap Rate
Investment Highlights
- Single Tenant | Scheduled Rental Increases | Exceptional Underlying Real Estate
- Strongest Market in D.C. | Dense Demographics in 5-mile Trade Area | Six Figure Incomes
- U Street Metro Station | Sonnet Apartments | Direct Residential Consumer Base
- NNN Lease | Fee Simple Ownership
- Signalized, Hard Corner Intersection | Street Level Retail | Extremely Strong Trade Area | Excellent Visibility
Executive Summary
• 100% leased to Hush Nightclub for 10 years
• Tenant has one 5-year option to extend with fixed rental rate increases through the option term
• Excellent long-term viability in the underlying real estate with a replaceable rental rate
• Tenant occupies the entirety of the three-story building
• Tenant has one 5-year option to extend with fixed rental rate increases through the option term
• Excellent long-term viability in the underlying real estate with a replaceable rental rate
• Tenant occupies the entirety of the three-story building
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,100 SF
Building Class
C
Year Built/Renovated
1905/2024
Price
$1,860,000
Price Per SF
$885.71
Cap Rate
8.64%
NOI
$160,680
Tenancy
Single
Building Height
3 Stories
Building FAR
2.10
Lot Size
0.02 AC
Zoning
ARTS-4
Frontage
40’ on U St
Amenities
- Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 0237-0207 | Improvements Assessment | $1,412,600 |
| Land Assessment | $1,029,640 | Total Assessment | $2,442,240 |
Property Taxes
Parcel Number
0237-0207
Land Assessment
$1,029,640
Improvements Assessment
$1,412,600
Total Assessment
$2,442,240
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Revolt DC | 1359 U St NW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.