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- LoopNet Team
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
- Restaurant
- General Retail Restaurant
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.
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PROPERTY TAXES
Parcel Number | 0211-0863 | Improvements Assessment | $337,680 |
Land Assessment | $1,040,410 | Total Assessment | $1,378,090 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 18342366
Date on Market: 1/29/2020
Last Updated:
Address: 1336 14th St NW, Washington, DC 20005
The Retail Property at 1336 14th St NW, Washington, DC 20005 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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