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18331813
18331803

2619 Connecticut Ave NW, Washington, DC 20008

KB
DC DC SP98378229, FL FL SL3560615 (+1)
ONE Street
Listed by ONE Street
$3,600,000
723 days on market
Updated 66 days ago

2619 Connecticut Ave NW

Details
APN 2204 0152
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 3,850
Net Rentable (SqFt) 3,850
Units 2
Cap Rate 5.80%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 10.1
Lease Expiration 01/31/2035
Remaining Term 8.7
Rent Bumps Yes
Price per SqFt $935
Class B
Year Built 1935
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 8,712
Zoning NMU-5A/WP
Investment Type Core+
Lease Commencement 01/01/2025
Occupancy Date 06/30/2024
Ground Lease No
Sale Condition For sale by owner

Triple Net Investment for Sale!

Marketing description

ONE Street Commercial Properties is thrilled to present an incredible Triple Net Investment opportunity in the heart of Northwest, Washington, D.C.

This distinguished property features a 3,850-square-foot building and is home to two strong restaurant tenants with leases extending until 2035. With a true NNN lease structure, there are no landlord responsibilities, ensuring a hassle-free investment. The space is currently built out as single story retail, and the property offers a valuable by-right development opportunity to build above the retail spaces up to 50 feet. This allows for a range of future commercial or residential possibilities, providing exceptional flexibility for investors.

Situated along Connecticut Avenue, the property boasts prime visibility and accessibility in a neighborhood experiencing a surge of new developments. Its strategic location makes it a standout investment opportunity in the nation’s capital. Whether maintained as a stable income-generating asset or redeveloped into a modern, dynamic space, this property presents immense potential.

Investment highlights

Listing Contacts

KB
DC DC SP98378229, FL FL SL3560615 (+1)
ONE Street
Listed by ONE Street

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Additional Information

Name
Kevin Brandes
License
DC SP98378229
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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