2436 18th St NW
6,100 SF Retail Building Washington, DC 20009 $3,350,000 ($549.18/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
$549.18
Tenancy
Single
Building Height
2 Stories
Building FAR
1.56
Lot Size
0.09 AC
Zoning
MU-5A
Frontage
20’ 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 (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2551-0087 | Improvements Assessment | $2,089,260 |
| Land Assessment | $951,960 | Total Assessment | $3,041,220 |
