2275 Savannah St SE - Retail FOR SALE


Washington, DC 20020- Congress Heights
$6,500,000 USD
202-499-4077
2275 Savannah St SE, Washington, DC for Sale
$6,500,000 USD
Retail - FOR SALE
1/4
null | 6.26% Cap Rate

2275 Savannah St SE
Washington, DC 20020
Congress Heights


HIGHLIGHTS

  • 70% occupied neighborhood retail center at the SWC of Savannah St & 23rd St SE in the Randle Heights neighborhood of Washington, DC
  • Surrounded by a high density of existing residential and continuing growth driven by Skyland Town Center
  • Attractive service oriented tenant mix supplemented by additional income from Solar
  • Opportunity for new ownership to add value through leasing of the vacant space

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

6.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shipley Plaza Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,119 SF

ZONING

MU-3A

APN/PARCEL ID

5897-0000-0805

ASK ABOUT THIS PROPERTY

Benjamin WilsonGreysteel HoldingsMore Info
202-499-4077

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Benjamin WilsonGreysteel HoldingsMore Info
202-499-4077

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