3619 GEORGIA NW, Washington, DC 20010
3619 GEORGIA NW, Washington, DC 20010,Video Tour
3619 GEORGIA NW, Washington, DC 20010
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by SERIF SOYDAN • EXP Realty, LLC
$890,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Park View

MLS Listing ID DCDC2153528

Year Built 2022

Annual Tax Amount $15,206

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

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

For Lease: $40 Per SQFT($5,527 monthly) plus NNN, For Sale: $890,000

Key Features:

Brand New Building!

Exceptional Foot/Vehicle Traffic

Frontage on a High-Traffic Corridor

One Block from Petworth METRO

Close Proximity to National Retailers

Total Rentable Space: 1,658 Sqft

Ground Level Retail: 1,658 Sqft at $40/Sqft Plus NNN


Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity—a prestigious location at THE EXCHANGE in Washington, DC. This spacious 1,658 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.

This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $890,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $5,527, you can expect a remarkable 7,45% capitalization rate, ensuring a compelling return on your investment.

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.

Location

State DC

County Washington

Zoning 048 - COMMERCIAL-RETAIL

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3032//2011

Ownership Condominium

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=rJRW7Uog1g5&brand=0&mls=1&

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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