Listed by Feldman Ruel
$849,000
1238 H Street NE
Details
APN 1003-0000-0803
Property Type Retail
Sub Type Restaurant
Square Footage 1,856
Occupancy 100%
Tenancy Single
Pro-Forma Cap Rate 8.30%
Year Built 1900
Buildings 1
Stories 2
Lot Size (SqFt) 1,080
Zoning NMU-4/H-A
Single-Tenant Net-Leased Property with No Landlord Responsibilities Along the H Street Corridor
Marketing description
Feldman Ruel is pleased to offer for sale 1238 H St NE, a single-tenant, net-leased retail asset situated along the heavily trafficked H Street Corridor. Granville Moore's, a neighborhood tavern serving up a Belgian-inspired menu, occupies the entire property and has operated at this location since 2008. The lease is landlord friendly with a NNN lease structure and annual increases equal to the greater of 3% or the percentage increase in CPI.
Download the Offering Memorandum: https://listings.feldmanruel.com/properties/1238-h-street-ne/
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Listed by Feldman Ruel
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