614 E St NW - Insomnia Cookies 660 SF Retail Condo Unit Offered at $1,000,000 in Washington, DC 20004
INVESTMENT HIGHLIGHTS
- Retail condo leased by Insomnia Cookies in Penn Quarter only blocks from the National Mall & one block from Capital One Arena in the heart of DC
- Lease guaranteed by Insomnia Cookies, a national operator with over 265 locations providing cookies in store & delivery - tenant reports sales.
- Prime retail location between the National Mall (+30 million annual visitors) and Capital One Arena (47 million visitors)
- he lease combined with condo ownership structure minimizes landlord responsibilities and management lift
PROPERTY FACTS
| Price | $1,000,000 |
| Unit Size | 660 SF |
| No. Units | 1 |
| Total Building Size | 1,214 SF |
| Property Type | Retail (Condo) |
| Sale Type | Investment |
| Floors | 10 |
| Typical Floor Size | 121 SF |
| Year Built | 2004 |
| Sale Condition | 1031 Exchange |
1 UNIT AVAILABLE
Unit 614
| Unit Size | 660 SF |
| Price | $1,000,000 |
| Price Per SF | $1,515.15 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| NOI | $70,166 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 0457-0000-0881 |
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (89)
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Insomnia Cookies |
-
|
Jan 0000
|
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | D-6-R |
