1110 U St SE - Service FOR SALE


Washington, DC 20020- Anacostia
$2,999,000 USD
202-286-1542
1110 U St SE, Washington, DC for Sale
$2,999,000 USD
Service - FOR SALE
1/7
null | Request Cap Rate

1110 U St SE
Washington, DC 20020
Anacostia


HIGHLIGHTS

  • Newly Extended Lease | Annual Rent Increases | NNN Leased | Corporate Guaranteed
  • Direct Residential Consumer Base | Affluent Community |Strong Demographics in 5-Mile Trade Area
  • Dense Trade Area | Pedestrian-Friendly Neighborhood | Nearby Metro Stations | Developments & Attractions
  • Located Along Martin Luther King Jr. Avenue | Centralized Location

OVERVIEW

• NNN lease - tenant responsible for real estate taxes, insurance, maintenance and repairs • Mission critical location to meet 15-minute delivery window • Landlord may charge a 5% management fee • Tenant recently extended the lease through July 2034 demonstrating their commitment to the site • Landlord’s capital expenses shall be amortized over their useful life • Corporate lease guarantee • Considerable upside in the investment - major economic redevelopment taking place in the immediate surrounds of the property

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1110 U. Street SE

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33

LAND SF

14,375

ZONING

MU-7,PDR-1

APN/PARCEL ID

5770-0830

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.