Prominently located in the heart of the Mount Vernon Square, this multi-tenant retail condominium is well positioned in one of Washington, DC’s most coveted and transformative submarkets. The property is ideally positioned beneath 163 luxury residential condos and engulfed by a mass of surrounding office, residential and hospitality properties making this an ideal location for retailers to thrive. Located only one-block from the 2.3 million square foot Walter E. Washington Convention Center, drawing over 1 million visitors annually, and adjacent to the Marriott Marquis, Washington, DC’s largest luxury hotel, this supremely located retail condo benefits from continuous pedestrian traffic.

The retail condominium enjoys 340 feet of prime frontage along Massachusetts Avenue and 11th Street, a heavily trafficked intersection, and is fully leased to four separate tenants: Bolt Burger, SOULEX Float Spa, Subway and Hai Gloss Nail & Beauty Spa. The offering represents a rare opportunity to acquire a fully stabilized, core urban retail condominium with a superior tenant-mix, ideally located in one of Washington, DC’s most desirable neighborhoods.

Property Highlights.

  • 8,680 SF Street Level Retail Condominium
  • Multi-Tenant Net-Leased Urban Retail
  • Below Market Rents
  • Core Urban Location
  • One-Block from the Walter E. Washington Convention Center (2.3M SF & 1M Visitors Annually)

Demographics & Market Stats.

  • 64,100 Residents
  • 86,800 Daytime Employees
  • 40% Population Growth from 2010-2018
  • $129,000 Average Household Income
  • 1.4M SF Planned Development in the Next 5 Years
  • 8M SF Existing Office Space

Offered for Sale.

LIST PRICE: $8,165,000 | CAP RATE: 6.50%

For More Information.

Danny Brooker
202.772.0530 |

Rich Sillery
202.777.2005 |