1508 14th St NW | Washington, DC 20005
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This Retail Property is no longer advertised on LoopNet.com.
1508 14th St NW
Washington, DC 20005
Retail Property For Sale
Investment Highlights
- 100% occupied trophy real estate along the 14th Street corridor - one of the most coveted markets in the country
- Anchored by Chipotle; corporate guarantee – responsible for 41% of the overall income - Chipotle extended early (11+ years of primary term)
- Average household income of $147,248 within a one-mile radius of the property
- NNN leases: Hidden Gym, Chipotle, nailsaloon, Flow Yoga - rental increases throughout primary and option terms – 3% annually or 10% every five-years
- Nailsaloon just extended early, adding an additional 10-years of primary term and two five-year options
- $1.8B in total specified consumer spending within a one-mile radius of the property
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Storefront
- General Retail Fast Food
- General Retail Freestanding
- General Retail Restaurant
Building Size
9,036 SF
Building Class
B
Year Built
1890
Percent Leased
78%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.46
Lot Size
0.06 AC
Zoning
ARTS-3
Frontage
26 FT on 14th St NW
PROPERTY TAXES
Parcel Number | 0209-0070 | Improvements Assessment | $1,975,410 |
Land Assessment | $1,229,810 | Total Assessment | $3,205,220 |
PROPERTY TAXES
Parcel Number
0209-0070
Land Assessment
$1,229,810
Improvements Assessment
$1,975,410
Total Assessment
$3,205,220
Learn More About Investing in Retail Properties
Listing ID: 26030306
Date on Market: 6/27/2022
Last Updated:
Address: 1508 14th St NW, Washington, DC 20005
The Retail Property at 1508 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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