2016 P St NW | Washington, DC 20036
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- LoopNet Team
2016 P St NW
Washington, DC 20036
Retail Property For Sale
Investment Highlights
- Absolute net leased retail condos in Dupont Circle with +8 and +6 years remaining on the leases
- Tenants pay for all expenses including taxes, insurance, condo fees, repairs, and maintenance
- Easily self-managed with condo association handling many responsibilities and expenses reimbursed by the tenants
- Both leases feature attractive 3% annual escalations in the primary base term and option periods
- Located on P Street NW, just west of the Dupont Circle Metro Station
- Strong corner location in Dupont Circle, one of D.C.’s most attractive neighborhoods with growing rents
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 3,800 SF |
| Property Subtype | Storefront Retail/Residential | No. Stories | 1 |
| Building Class | A | Year Built | 1913 |
| Lot Size | 0.10 AC | APN / Parcel ID | 0096-2074 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Building Class | A |
| Lot Size | 0.10 AC |
| Gross Leasable Area | 3,800 SF |
| No. Stories | 1 |
| Year Built | 1913 |
| APN / Parcel ID | 0096-2074 |
zoning
| Zoning Code | C2B (permits medium density development as a matter of right.) |
| C2B (permits medium density development as a matter of right.) |
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