1407-1409 T St NW
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1407-1409 T St NW
6,153 SF Retail Building Washington, DC 20009 $7,023,400 CAD ($1,141 CAD/SF) 6.63% Cap Rate
Investment Highlights
- Rare 100% Leased Multi-Tenant Commercial Opportunity in One of Washington, D.C.'s Most Prestigious Neighborhoods
- Strong surrounding tenant base that includes some of the most popular retailers, restaurants, and bars in Washington, D.C
- Located just three blocks from the U Street/African-Amer Civil War Memorial/Cardozo Metro station serving the Green line
Executive Summary
Feldman Ruel is pleased to offer for sale 1407-1409 T Street NW, a multi-tenant, mixed-use property located in the heart of Logan Circle just off of the 14th Street Corridor. The subject property is fully leased and home to multiple retail and office tenants providing a diversified income stream with minimal landlord responsibilities due to the urban-NNN lease structures.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,153 SF
Building Class
B
Year Built
2012
Price
$7,023,400 CAD
Price Per SF
$1,141 CAD
Cap Rate
6.63%
NOI
$465,651 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.47
Land Acres
0.10 AC
Zoning
ARTS-3 - The ARTS-3 zone is intended to permit medium-density, mixed-use development,
with a focus on employment.
Frontage
33 ft on T Street NW
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Security deposit is one months rent
| Space | Size | Space Use | Position | Available |
| 201 | 1,080 SF | Office | - | Now |
201
| Size |
| 1,080 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
201
| Size | 1,080 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Security deposit is one months rent
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | 0205-0075 | Improvements Assessment | $4,263,923 CAD |
| Land Assessment | $2,936,844 CAD | Total Assessment | $7,200,768 CAD |
PROPERTY TAXES
Parcel Number
0205-0075
Land Assessment
$2,936,844 CAD
Improvements Assessment
$4,263,923 CAD
Total Assessment
$7,200,768 CAD
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Adam Costanzo -
Ian Ruel -
Josh Feldman -
Feldman Ruel
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1407-1409 T St NW
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