Dark 7-Eleven - Washington D.C.
NNN 7-Eleven Washington D.C. | 5.65% CAP | 3,000 SqFt
Marketing description
Introducing a prime investment opportunity at 3707-3711 14th Street NW in Washington, District of Columbia. This single-tenant NNN retail condo features a lease with 7-Eleven Corp, recently renewed, indicating a commitment to the site with 5+ years remaining and two 5-year extension options. With scheduled rental increases and a corporate guaranty, this property offers a stable income stream. Situated in a dense downtown corridor with high foot traffic, this property boasts a net operating income of $120,000 and a 5.65% cap rate. The ground floor retail condo is part of the Quincy at 14th building, providing effortless ownership in a management-free investment. As a fee-simple property with no landlord responsibilities, this is an ideal opportunity for passive investors seeking a hassle-free asset. Don't miss out on this lucrative chance to own a piece of a thriving urban location with a reputable tenant. Contact us for more details on this exceptional retail condo investment.
Investment highlights
- 5+ Years Remaining | Recent Extension | Scheduled Rental Increases | Established Brand
- NNN Lease | Fee Simple | Limited Landlord Responsibilities
- Ground Floor Retail Condo | Easy Ownership | Dense In-Fill Corridor
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools & Medical Center
- Strong Demographics in 5-mile Trade Area | Direct Consumer Base
- Signalized, Hard Corner Intersection | Excellent Visibility
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