Prominently located at 1450 P Street NW, the Smoothie King retail condominium is well positioned in one of DC’s most desirable submarkets, Logan Circle/14th Street. Situated between 14th and 15th Street NW, the property is located directly next to a top performing Whole Foods on a dual access east-west road, P Street NW. Vast development along the 14th Street corridor has spurred a flood of national retail tenants to the market, including Starbucks, Chipotle, sweetgreen, Shake Shack, Lululemon, TD Bank, PNC Bank, Chase Bank, CVS and Walgreens; making the corridor one of DC’s most coveted dining and retail destinations. Located on one of DC’s busiest blocks, the property benefits from exceptional daily exposure with a current population of 108,000 (and projected 12% growth within the next five-years) within a one-mile radius and a walk score of 97.

Property Highlights.

  • Ground Floor 2,500 SF
  • Long-Term Net-Leased Urban Retail
  • Strong Credit Tenant
  • Most Sought-After Submarket in DC
  • Rare Corporate Store
  • Adjacent to Top Performing Whole Foods

Demographics & Market Stats.

  • 108,000 Residents
  • 121,000 Daytime Employees
  • 12% Population Growth Through 2022
  • $138,000 Average Household Income
  • 14.3M SF Residential Development Under Construction
  • 5M+ SF Retail

Offered for Sale.

LIST PRICE: $3,530,000 | CAP RATE: 4.75%

For More Information.

Danny Brooker
202.772.0530 | dbrooker@monumentretail.com

Rich Sillery
202.777.2005 | rsillery@monumentretail.com