5105 Macarthur Blvd NW - Restaurant FOR SALE
Washington, DC 20016 |
$1,550,000 USD
202-499-4077
5105 Macarthur Blvd NW
Washington, DC 20016
HIGHLIGHTS
- Net leased restaurant on MacArthur Boulevard NW in the Palisades neighborhood of Washington, D.C
- Seasoned tenant, Sweet Agave Bar & Grill, has been operating successfully in this location since April 2017
- Rare opportunity to acquire a stabilized retail asset in one of D.C.’s most desirable neighborhoods
- Ease of ownership with minimal landlord responsibilities—tenant is responsible for most operating expenses, including roof maintenance
- Current lease term runs until March of 2027 but the Property can be delivered with an early renewal at buyer request
FOR SALE DETAILS
PRICE
$1,550,000 USD
PRICE/SF
$771 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1928
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.05 AC
LAND SF
2,178 SF
ZONING
MU-3
APN/PARCEL ID
1419-0924
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202-499-4077
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202-499-4077
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