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Church's Chicken - Washington, D.C. 3780 Minnesota Ave NE 1,976 SF Retail Building Washington, DC 20019 $2,115,000 ($1,070.34/SF) 6.35% Cap Rate
EXECUTIVE SUMMARY
• 9+ years remaining with 1 (5-year) option period to extend
• Store sales well above the national average
• 3% annual rent increases
• Minnesota Ave. is a major thoroughfare averaging 18,900 ADT
• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Safeway, CVS, 7-Eleven, Chase Bank
• More than 668,000 residents and 577,000 employees support the trade area
• $136,156 average household income
• Store sales well above the national average
• 3% annual rent increases
• Minnesota Ave. is a major thoroughfare averaging 18,900 ADT
• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Safeway, CVS, 7-Eleven, Chase Bank
• More than 668,000 residents and 577,000 employees support the trade area
• $136,156 average household income
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,976 SF
Building Class
C
Year Built
1941
Price
$2,115,000
Price Per SF
$1,070.34
Cap Rate
6.35%
NOI
$134,331
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
RA-1
Parking
11 Spaces (5.57 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Church's Chicken
- Accommodation and Food Services
- -
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Church's Chicken | Accommodation and Food Services | - | - | Jan 0000 |
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5046E-0045 | Improvements Assessment | $824,608 |
| Land Assessment | $403,600 | Total Assessment | $1,228,208 |
PROPERTY TAXES
Parcel Number
5046E-0045
Land Assessment
$403,600
Improvements Assessment
$824,608
Total Assessment
$1,228,208
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Church's Chicken - Washington, D.C. | 3780 Minnesota Ave NE
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