1407-1409 T St NW | Washington, DC 20009
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1407-1409 T St NW
Washington, DC 20009
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Owner-User Optionality with Existing Income Stream
- Long-Term Leases with Significant Term Remaining | Earliest Lease Expiration is April 2032
- Highly Amenitized Area | Situated Near Trader Joe’s, Le Diplomate, Barcelona, Soul Cycle, and Jeni’s Splendid Ice Creams
- Minimal Landlord Responsibilities | All Tenants have Urban-NNN Lease Structures
- Both Street-Level Retail Units Include Patio Space for Outdoor Seating
- Accessible by Numerous Transit Options Including 5 Metro Stations within 1 Mile of the Subject Property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,153 SF
Building Class
B
Year Built
2012
Percent Leased
59%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.47
Lot Size
0.10 AC
Zoning
ARTS-3 - The ARTS-3 zone is intended to permit medium-density, mixed-use development,
with a focus on employment.
Frontage
33’ on T Street NW
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0205-0075 | Improvements Assessment | $2,990,050 |
| Land Assessment | $2,129,950 | Total Assessment | $5,120,000 |
PROPERTY TAXES
Parcel Number
0205-0075
Land Assessment
$2,129,950
Improvements Assessment
$2,990,050
Total Assessment
$5,120,000
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