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1336 14th St NW
Washington, DC 20005

Jinya Ramen Bar | New 15yr Lse w/ Annual Incr · Retail Property For Sale

Investment Highlights

  • Recently Executed 15-Year Lease | Annual 2.75% Rental Increases | Option to Extend | Recent Renovation ($2M+ TI)
  • Located Along Primary Dining & Retail Avenue | Excellent Visibility | 2 Story Building | Large Dining Capacity
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Logan Circle Neighborhood | “Historic, Hip, & Happening” | Dense Demographics In 3-mile Trade Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built
1910
Tenancy
Single
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.07 AC
Zoning
C - Commercial
Frontage
19 FT on 14th St NW

Amenities

  • Bus Line
  • Restaurant
  • Signage

About 1336 14th St NW , Washington, DC 20005

Jinya Ramen Bar is located directly off 14th Street NW, near its intersection with Rhode Island Ave NW, a crossroads with over 30,900 vehicles passing by each day. The restaurant is strategically located just 1 block southwest of Logan Circle, a traffic roundabout that serves as the center of the urban neighborhood in which Jinya is located. The Logan Circle/14th Street corridor is one of DC’s most desirable submarkets, due to its core urban location and recent developments which brought an influx of national retail tenants to the market. The main business drag is 14th Street NW, where over the past decade the blocks between M and U streets have transformed into a stylish and young area with dozens of restaurants, indie and national-brand shops, and a lively bar scene. The area is notable for its grandeur of Victorian townhouses and eclectic eateries, a truly historic, hip, and happening neighborhood. Notable nearby national/credit tenants include Whole Foods, Starbucks, Chipotle, sweetgreen, Shake Shack, Lululemon, Walgreens, CVS, and more, increasing consumer traffic to the immediate area. The property is also just a few blocks north of the Downtown District of Washington, DC, where Jinya is poised to capture strong demand from the densely populated business, shopping, nightlife, and dining destination. The 3-mile trade area is supported by a population of over 412,900 residents with an affluent average household income of $140,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0211-0863
Land Assessment
$1,040,410
Improvements Assessment
$337,680
Total Assessment
$1,378,090
  • Listing ID: 18342366

  • Date on Market: 1/29/2020

  • Last Updated:

  • Address: 1336 14th St NW, Washington, DC 20005

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