1110 U St SE - Service FOR SALE


Washington, DC 20020- Anacostia
$3,000,000 USD
202-286-1542
1110 U St SE, Washington, DC for Sale
$3,000,000 USD
Service - FOR SALE
1/9
null | 6% Cap Rate

1110 U St SE
Washington, DC 20020
Anacostia


OVERVIEW

• Key Gopuff distribution facility with close access to major highways and crossroads (155,700 VPD) • Recent 10-year lease extension to run through 2034 with 1, 5-year option • 3% annual rental increases • Corporate net lease guaranteed by GoBrands, Inc. • Gopuff is a leading, on-demand shopping service delivering food, beverages, snacks and everyday essentials • Adjacent to $25M, 50,500 SF mixed-use MLK Gateway development • Average household income of $112,758, within 1 mile of the property • Long term redevelopment potential in a dramatically improving historic D.C. neighborhood

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant Distribution Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33

LAND SF

14,375

ZONING

MU-7,PDR-1

APN/PARCEL ID

5770-0830

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.