3619 NW Georgia Ave - Retail Condo 2,363 SF Retail Condo Unit Offered at $1,350,000 in Washington, DC 20010

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INVESTMENT HIGHLIGHTS

• Brand New Building!
• Frontage on a High-Traffic Corridor
• Close Proximity to National Retailers

• Exceptional Foot/Vehicle Traffic
• One Block from Petworth METRO

EXECUTIVE SUMMARY

This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $1,350,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $7,790, you can expect a remarkable 6.92% capitalization rate, ensuring a compelling return on your investment.

PROPERTY FACTS

Total Building Size	2,363 SF
Property Type	Retail (Condo)
Property Subtype	Storefront Retail/Residential
Building Class	A
Floors	1
Typical Floor Size	2,363 SF
Year Built	2022
Tenancy	Single
Lot Size	0.11 AC
Zoning	048 - COMMERCIAL-RETAIL - Commercial-Retail-Condo. (CLASS 2): Unit in a predominately residential condo complex used for retail sales/service business.

24 Hour Access

Storage Space

1 UNIT AVAILABLE

Unit 1

Unit Size	2,363 SF
Price	$1,350,000
Price Per SF	$571.31
Condo Use	Retail
Sale Type	Investment or Owner User
Cap Rate	6.92%
NOI	$93,420
Sale Conditions	Lease Option
APN/Parcel ID	3032-0048

DESCRIPTION

Total Rentable Space: 2,363 Sqft

Upper Level: 1,658 Sqft at $50/Sqft Plus NNN

Lower Level: 705 Sqft at $15/Sqft Plus NNN

SALE NOTES

Prime Retail Space for Sale/Lease in Washington, DC!

Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity—a prestigious location at THE EXCHANGE in Washington, DC. This spacious 2,363 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision.

With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic location—truly prime real estate!

THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors.

Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.