1801-1807 18th Street NW
Washington, D.C. 20009
The Offering
Summary
- List Price Request For Offers
- Product Type Mixed-Use
- Product Subtypes Retail, Office, & Multifamily
- Occupancy 91%
- Levels 5
- Gross Leasable Area 22,838 SF
- Zoning MU-4
- Lot Size 7,239 SF
- Weighted Average Lease Term 5.3 Years
- Weighted Average Occupancy Duration 14.7 Years
Investment Summary
Feldman Ruel is pleased to offer for sale 1801-1807 18th Street NW, which represents an incredibly rare opportunity to acquire a 91% occupied, mixed-use property located at a signalized intersection in the Dupont Circle neighborhood of Washington, D.C. The subject property, which is comprised of 22,838-square-feet of gross leasable area, is situated on a 7,239-square-foot, MU-4-zoned lot and is centrally positioned within a few blocks of four distinct commercial districts; Dupont Circle, Adams Morgan, the U Street Corridor, and the 14th Street Corridor. 1801-1807 18th Street NW is anchored by Anju, whose owners and chefs have been nominated for numerous James Beard awards, and Pupatella, which has achieved local, national, and international recognition for its certified-authentic Neapolitan pizza. Offering a mix of retail (16,257 RSF), office (2,813 RSF), and multifamily (3,455 RSF) units as well as significant term on all commercial leases, the subject property provides an unmatched combination of location, position, scale, term, and diversification rarely found in the Washington, D.C. MSA.
