Kalorama- DC Neighborhood Retail
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Property Type:
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Retail-Commercial
for Lease
Street Retail
|
| Contiguous Space: |
1,860 SF |
| Total Available: |
1,860 SF |
| Rental Rate: |
$55 - 68 PSF (Annual) |
| Monthly Rent: |
$8,525 - 10,540 |
| Lease Types: |
NNN |
| Property Status: |
Under Renovation |
| Last Updated: |
9/3/2010 |
Newly renovated RETAIL space in Upscale Kalorama Area. 26.26% of the area's home values are $1 Million dollars or higher. 32.67% of the area homes within a one mile radius are valued at $500,000. This property is about two blocks behind the impressive Embassy Row area on Massachusetts Avenue NW.
Previous owner had a beer and wine license and could sell prepared food. No cooking on premises is allowed.
www.DCist.com has reported that Bravo TV posted a video of the D.C. mansion that contestants called home for the upcoming season of "Top Chef". Incidentally, this five-bedroom Kalorama home at 2121 Leroy Place NW sold recently for $3.6 Million.
Just FYI, this might have some effect on the market value to a grocery operation:
According to Dcist the "Secret Safeway" is going to Close On August 7. This would emphasize the need for a convenience type store in the area.
http://dcist.com/2010/07/secret_safeway_to_close_august_7.php
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| Minimum Divisible: |
1,860 SF |
| Max Contiguous: |
1,860 SF |
| Space Description: |
Space includes 1,260 square foot interior space and a 600 square foot front patio. $150,000 tenant improvement allowance available amortized over a 10 yr lease |
| Date Available: |
7/1/2010 |
| Lease Term: |
See Agent |
| Space Type: |
New |
| Tenant Improvements Allowance |
$150,000 |
| Nearest MSA: |
Washington-Arlington-Alexandria |
| County: |
District of Columbia |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
59,430 |
290,525 |
625,854 |
| Median Age: |
33 |
33 |
35 |
| Households: |
35,702 |
137,600 |
282,823 |
| Avg. Household Income: |
$81,067 |
$73,618 |
$77,067 |
| More Demographic Statistics |
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| Note: The information presented herein is provided as is, without warranty of any kind. Neither CIE360 nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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