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2016 P St NW
Washington, DC 20036
2016 P Street NW - Units C1 & C2 · Retail Property For Sale
Investment Highlights
- Absolute net leased retail condos in Dupont Circle with +6.5 and +6 years remaining on the leases and substantial outdoor cafe seating
- Tenants pay for all expenses including taxes, insurance, condo fees, repairs, and maintenance
- Easily self-managed with condo association handling many responsibilities and expenses reimbursed by the tenants
- Both leases feature attractive 3% annual escalations in the primary base term and option periods
- Located on P Street NW, just west of the Dupont Circle Metro Station
- Strong corner location in Dupont Circle, one of DC’s most attractive neighborhoods with growing rents
Property Facts
| Property Type | Retail | Gross Leasable Area | 7,913 SF |
| Property Subtype | Storefront Retail/Residential | No. Stories | 4 |
| Building Class | A | Year Built | 1918 |
| Zoning | MU-5A/DC | ||
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Building Class | A |
| Gross Leasable Area | 7,913 SF |
| No. Stories | 4 |
| Year Built | 1918 |
| Zoning | MU-5A/DC |
Amenities
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
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