Retail Space / District Of Columbia / Washington / 20009 / 1610 U Street Northwest

1610 U Street Northwest

Q: What is the asking price for 1610 U Street Northwest in Washington?

The asking price for 1610 U Street Northwest is $3,489,000

Q: What is the building size of this Retail property in Washington, DC?

The size of the building/unit at 1610 U Street Northwest in Washington is 4,255 square feet.

Q: What kind of Retail is the propery at 1610 U Street Northwest?

The property at 1610 U Street Northwest Washington, DC 20009 is listed as a Other Retail Retail property.

Q: What is the population within 1 mile of 1610 U Street Northwest?

The population within 1 mile of 1610 U Street Northwest Washington, DC 20009 is 96,775 people.

Q: Who do I contact for questions about 1610 U Street Northwest?

You should contact the listing agent, Andrew Fallon, for any details regarding this commercial listing.

Washington, DC 20009

Listing ID: 253547

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1610 U Street Northwest Washington, DC 20009 | for Sale | Photo 1

Building Size: 4,255 SF

Lot Size: --

Land Size: --

Building $/SF: $819.98

Land $/SF:

Price

$3,489,000

Description

SRS National Net Lease Group is pleased to offer the rare opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, personal guaranteed, Exiles Bar investment property located in Washington, D.C. The tenant, Teemnow, LLC., has approximately 7 years remaining in their initial lease term with 1 (7-year) option period to extend. The lease features 3% annual rental increases throughout the initial term and 4% annual rental increases throughout the sole option period, growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof and structure. After a massive renovation in 2018, Exiles Bar boasts a new kitchen, second-floor bar/restaurant area, five brand new bathrooms, and state-of-the-art audio/visual equipment.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Washington History of Retail Space for Sale

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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 1610 U Street Northwest Washington, DC 20009

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		96,775	384,590	791,200
Population Median Age		36	37	37
Population by Age	0-9 Yrs	6888 (7%)	32030 (8%)	81253 (10%)
	10-19 Yrs	3787 (3%)	28567 (7%)	67817 (8%)
	20-29 Yrs	25917 (26%)	95367 (24%)	163070 (20%)
	30-39 Yrs	27684 (28%)	89353 (23%)	163688 (20%)
	40-49 Yrs	11688 (12%)	43706 (11%)	96894 (12%)
	50-59 Yrs	8825 (9%)	37348 (9%)	85022 (10%)
	60-69 Yrs	6560 (6%)	30342 (7%)	68417 (8%)
	70+ Yrs	5426 (5%)	27877 (7%)	65039 (8%)

Median HH Income		$109,981	$106,254	$103,353
Total Household Income	< 24K	6178 (12%)	23648 (13%)	47730 (14%)
	25-49K	5225 (10%)	17911 (10%)	38526 (11%)
	50-74K	5458 (10%)	20256 (11%)	40638 (11%)
	75-99K	5587 (11%)	19367 (11%)	37755 (11%)
	100-199K	16870 (33%)	52692 (30%)	101815 (30%)
	200K+	10516 (21%)	37701 (21%)	72296 (21%)

Highest Education Level	No Diploma	5241	20912	46374
	Diploma or GED	5629	26591	69884
	Some College	4566	24158	58036
	Assoc. Degree	910	6026	15807
	Bachelors Degree	25557	86325	165077
	Higher Degree	37153	122691	224396

Total Housing Units		54,383	190,546	371,547
--Owner-Occupied		16,962	68,498	142,499
--Renter-Occupied		32,872	103,076	196,261
Owner-Occupied Values	< 100K	284	1048	2174
	100-199K	307	930	2654
	200-299K	937	4182	10543
	300-399K	2299	7584	16771
	400-499K	2129	8089	16627
	500K+	11005	46667	93730

Total Working Age Population		87,902	341,245	675,361
In Work Force		71,680	257,299	495,848
Not In Work Force		16,222	83,946	179,513
Workforce Employed		68,873	244,927	466,470
Workforce Unemployed		2,593	11,196	24,133
Civlian Workforce		71,466	256,123	490,603
Military Workforce		215	1,176	5,246

Total Households		49,834	171,575	338,761
Family Households		13,707	60,311	143,557
Non-Family Households		36,127	111,263	195,204
Married Couple		10,740	44,335	101,855
Other Family		2,967	15,976	41,702
Married w/Child		3,220	14,580	39,717
Single Male w/Child		198	1,648	4,349
Single Female w/Child		989	5,138	13,995

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
District of Columbia	572,059	+5	601,723	+21	729,501	+15	842,154
District of Columbia	572,059	+5	601,723	+21	729,501	+15	842,154
Maryland	5,296,486	+9	5,773,552	+6	6,141,900	+6	6,518,750
Montgomery County	873,341	+11	971,777	+8	1,052,050	+7	1,128,800
Prince Georges County	801,515	+8	863,420	+6	916,150	+4	952,950
Virginia	7,078,515	+13	8,001,024	+8	8,655,021	+8	9,331,666
Arlington County	189,453	+10	207,627	+20	249,298	+10	274,339
Fairfax County	969,749	+12	1,081,726	+7	1,162,504	+7	1,244,025
Alexandria city	128,283	+9	139,966	+19	166,261	+10	182,067

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1610 U Street Northwest in Washington?

The asking price for 1610 U Street Northwest is $3,489,000

What is the building size of this Retail property in Washington, DC?

The size of the building/unit at 1610 U Street Northwest in Washington is 4,255 square feet

What kind of Retail is the propery at 1610 U Street Northwest?

The property at 1610 U Street Northwest Washington, DC 20009 is listed as a Other Retail Retail property

What is the population within 1 mile of 1610 U Street Northwest in Washington?

The population within 1 mile of 1610 U Street Northwest Washington, DC 20009 is 96,775 people.

Who do I contact for questions about 1610 U Street Northwest?

You should contact the listing agent, Andrew Fallon, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Ronald Reagan Washington National Airport (DCA)	4
Washington Dulles International Airport (IAD)	23
Baltimore Washington International (Thurgood Marshall Airport) (BWI)	27