Storefront For Sale • 5,627 SF
Strip of five leased retail bays located on Kennedy Street NW delivered 100% occupied with NNN leases |
Four of the five bays have been renovated and all are occupied by local businesses with seasoned operators |
The last unit was leased in 2024 by the operator of Brightwood Pizza to reach 100% occupancy and projected NOI of $135,000 for 2025 |
With the exception of unit 701, all tenants have been in place for five years or greater |
Multi-tenant operation provides flexibility and limited occupancy risk compared to a single-tenant asset |
Title is held fee-simple with common elements with apartment building governed by Reciprocal Easement Agreement (REA) |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Silver Spring (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) | 8 min | - | 3.0 mi |
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC)) | 12 min | - | 5.0 mi |
Airport | Drive | Walk | Distance |
Ronald Reagan Washington National | 17 min | - | 10.5 mi |
Baltimore-Washington International | 35 min | - | 31.1 mi |
Washington Dulles International | 55 min | - | 34.0 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |