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- LoopNet Team
1610 U St NW
Washington, DC 20009
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- • Approximately 7 years remaining in the initial term with 1 (7-year) option period to extend | 3% annual rental increases throughout the initial term
- • Strategically located near a signalized, hard corner intersection along 16th St NW, a major north/west commuter thoroughfare (23,900 VPD)
- • Nearby national/credit tenants including Safeway, CVS Pharmacy, Office Depot, Rite-Aid, Trader Joe’s, 7-Eleven, and more
- • Recently renovated in 2018
- • Ideally positioned along the U Street Corridor
- • Supported by more than 793,000 residents and 774,500 employees in the 5-mile trade area | AHHI $145,000 in 1-mile radius
PROPERTY FACTS
ABOUT 1610 U ST NW , WASHINGTON, DC 20009
Exiles Bar is strategically located near a signalized, hard corner intersection along 16th St NW, a major north/west commuter thoroughfare traveling throughout Washington, D.C., averaging 23,900 vehicles passing by daily. The site benefits from excellent visibility along U St NW through a large blade sign, as well as easy access along 16th St NW via signalized, hard corner intersection directly next to its main point of ingress/egress. The asset is within close proximity to 14th Street and 18th Street, two highly desirable corridor’s that have transformed into a stylish and young area with a variety of restaurants, national-brand shops, and bars. Additionally, the subject property is ideally positioned along the U Street Corridor, centrally located between the Dupont, Adams Morgan, and Shaw/Logan neighborhoods. Exiles Bar is in the center of a primary retail corridor with nearby national/credit tenants including Safeway, CVS Pharmacy, Office Depot, Rite-Aid, Trader Joe’s, 7-Eleven, and more, increasing exposure and crossover synergy for the store. Moreover, Howard University (6,200 students) is located less than one mile east of the property, providing the store with a direct consumer base from which to draw. The 5-mile trade area is supported by an extremely dense population of more than 793,000 residents and 774,500 employees. Residents within a 1-mile radius boast an impressive average household income of $145,000.
PROPERTY TAXES
| Parcel Number | 0176-0027 | Improvements Assessment | $2,711,090 |
| Land Assessment | $1,064,510 | Total Assessment | $3,775,600 |
PROPERTY TAXES
Listing ID: 18663891
Date on Market: 2/27/2020
Last Updated:
Address: 1610 U St NW, Washington, DC 20009
The U Street Retail Property at 1610 U St NW, Washington, DC 20009 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
- H Street/NoMa Restaurants
- Georgetown/Wisconsin Ave Restaurants
- Downtown DC Restaurants
- Adams Morgan/Columbia Heights Restaurants
- H Street Restaurants
- Clarendon/Courthouse Restaurants
- Georgetown Restaurants
- National Mall Restaurants
- Petworth Restaurants
- Takoma DC Restaurants
- Greater Landover Restaurants
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