$7,790

3619 GEORGIA NW, Washington, DC 20010

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Prime Retail Space for Sale/Lease in Washington, DC! For Lease: $50/15 Per SQFT NNN For Sale: $1.35 Million 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: 2,363 Sqft Upper Level: 1,658 Sqft at $50/Sqft Plus NNN Lower Level: 705 Sqft at $15/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 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. 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. 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.

Listing Status:
Active
Listing Office:
EXP Realty, LLC : 8333357433
Listing Agent:
SERIF SOYDAN : 3123307300
MLS ID:
DCDC2153540
  • A/C: Central A/C
  • Heating: Heat Pump(s)Electric
  • Disability Feature: Level Entry - Main

This listing courtesy of SERIF SOYDAN, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Raymond Education Campus

915 Spring Rd NW, Washington, DC, 20010

Grades EE-5

0.13 miles away

M

Macfarland Middle School

4400 Iowa Ave NW, Washington, DC, 20011

Grades 6-8

0.63 miles away

R

Roosevelt High School

4301 13th St NW, Washington, DC, 20011

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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