HIGHLIGHTS
- Retail condo leased by Insomnia Cookies in Penn Quarter only blocks from the National Mall & one block from Capital One Arena in the heart of DC
- Prime retail location between the National Mall (+30 million annual visitors) and Capital One Arena (47 million visitors)
- Lease guaranteed by Insomnia Cookies, a national operator with over 265 locations nationwide providing freshly baked cookies in store and by delivery
- he lease combined with condo ownership structure minimizes landlord responsibilities and management lift
FOR SALE DETAILS
PRICE
$1,000,000 USD
PRICE/SF
$1,515 USD /SF
CAP RATE
7.02%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Insomnia Cookies
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
1,214 SF
STORIES
10
BUILDING CLASS
-
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
D-6-R
APN/PARCEL ID
0457-0000-0881
ASK ABOUT THIS PROPERTY
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202-869-1743
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202-869-1743
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