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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
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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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