2321 18th St NW | Washington, DC 20009
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- LoopNet Team
2321 18th St NW
Washington, DC 20009
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 10-year NNN lease with two, five-year options
- Over $400,000 in renovations in 2019
- Mid-block on 18th Street in the heart of Adams Morgan
- 3% annual rent bumps
- Nearly $400M in annual consumer spending on food and alcohol in Adams Morgan
- Rare net-leased urban retail offering
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,518 SF
Building Class
B
Year Built
1910
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.59
Lot Size
0.04 AC
Zoning
MU-5A - mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling units
Frontage
20’ on 18th St NW
AMENITIES
- Bus Line
- Metro/Subway
- Restaurant
PROPERTY TAXES
| Parcel Number | 2560-0086 | Improvements Assessment | $2,979,940 |
| Land Assessment | $566,150 | Total Assessment | $3,546,090 |
PROPERTY TAXES
Parcel Number
2560-0086
Land Assessment
$566,150
Improvements Assessment
$2,979,940
Total Assessment
$3,546,090
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