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234 Upshur St NW
1,040 SF of Retail Space Available in Washington, DC 20011
Highlights
- Prime corner space on the ground floor is now available on Eastern edge of Petworth. Substantial tenant start up allowance available, call for info.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Ground Floor | 1,040 SF | 8’ - 10’ | 2-5 Years | $30.00 /SF/YR $2.50 /SF/MO $31,200 /YR $2,600 /MO | Double Net |
1st Floor, Ste Ground Floor
This ground-floor retail space is in a cold shell condition, offering a great opportunity to customize it to your needs. It is finally available and features prime corner space in East Petworth. .Rent is $2,600 base, tax pass through $450 a month & property insurance $150 a month Front entrance has 10 Ft. ceilings then drops to 8 Ft ceilings,
- Lease rate does not include certain property expenses
- Space In Need of Renovation
- Finished Ceilings: 8’ - 10’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 234 Upshur St NW , Washington, DC 20011
| Property Type | Retail | Gross Leasable Area | 3,155 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1921 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,155 SF |
| Year Built | 1921 |
About the Property
The building was gutted and is now available for build-out. This process was completed in 2020. Call for tours. Please do not disturb residents above the retail space.
- Signage
Nearby Major Retailers
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234 Upshur St NW
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