3780 Minnesota Ave NE - Freestanding FOR SALE


Washington, DC 20019- Minnesota Ave
$2,115,000 USD
202-286-1542
3780 Minnesota Ave NE, Washington, DC for Sale
$2,115,000 USD
Freestanding - FOR SALE
1/6
null | 6.35% Cap Rate

3780 Minnesota Ave NE
Washington, DC 20019
Minnesota Ave


OVERVIEW

• 9+ years remaining with 1 (5-year) option period to extend • Store sales well above the national average • 3% annual rent increases • Minnesota Ave. is a major thoroughfare averaging 18,900 ADT • The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Safeway, CVS, 7-Eleven, Chase Bank • More than 668,000 residents and 577,000 employees support the trade area • $136,156 average household income

FOR SALE DETAILS

PRICE

$2,115,000 USD

PRICE/SF

$1,105 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Church's Chicken - Washington, D.C.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RA-1

APN/PARCEL ID

5046-0045

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 Policy.