2436 18th St NW
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2436 18th St NW
6,100 SF Retail Building Washington, DC 20009 $3,350,000 ($549/SF)
Investment Highlights
- Net leased restaurant on 18th Street NW in the Adams Morgan neighborhood of Washington, D.C. with fresh 10-year lease and two personal guarantees
- NNN lease structure minimizes landlord responsibilities for management.
- Adams Morgan is one of the most sought-after neighborhoods in Washington, D.C. for both young professionals and families
- Seasoned tenant, The Jerk Pit, has been operating in the D.C. area for 18 years, expanding their business to a second location here in Adams Morgan.
- Less than a mile from the Woodley Park-Zoo/Adams Morgan metro station
Executive Summary
Net leased restaurant on 18th Street NW
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,100 SF
Building Class
B
Year Built
1900
Price
$3,350,000
Price Per SF
$549
Tenancy
Single
Building Height
2 Stories
Building FAR
1.56
Land Acres
0.09 AC
Zoning
MU-5A
Frontage
20 FT on 18th St NW
Amenities
- Restaurant
- Roof Terrace
- Air Conditioning
- Balcony
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Biker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2551-0087 | Improvements Assessment | $2,089,260 |
Land Assessment | $933,310 | Total Assessment | $3,022,570 |
PROPERTY TAXES
Parcel Number
2551-0087
Land Assessment
$933,310
Improvements Assessment
$2,089,260
Total Assessment
$3,022,570
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2436 18th St NW
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