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5105 Macarthur Blvd NW

2,010 SF Retail Building Washington, DC 20016 £1,224,515 (£609/SF) 6.50% Net Initial Yield

Investment Highlights

  • Net leased restaurant on MacArthur Boulevard NW in the Palisades neighborhood of Washington, D.C
  • Rare opportunity to acquire a stabilized retail asset in one of D.C.’s most desirable neighborhoods
  • Current lease term runs until March of 2027 but the Property can be delivered with an early renewal at buyer request
  • Seasoned tenant, Sweet Agave Bar & Grill, has been operating successfully in this location since April 2017
  • Ease of ownership with minimal landlord responsibilities—tenant is responsible for most operating expenses, including roof maintenance

Executive Summary

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Attachments

5105 Macarthur Blvd NW_Offering_Landing Pg

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,010 SF
Building Class
C
Year Built
1928
Price
£1,224,515
Price Per SF
£609
Net Initial Yield
6.50%
NOI
£79,644
Tenancy
Single
Number of Floors
1
Building FAR
0.92
Land Acres
0.05 AC
Zoning
MU-3
Frontage
24 ft on Macarthur Blvd

Links

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Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 1419-0924 Improvements Assessment £343,639
Land Assessment £217,648 Total Assessment £561,286

PROPERTY TAXES

Parcel Number
1419-0924
Land Assessment
£217,648
Improvements Assessment
£343,639
Total Assessment
£561,286
(202) 499-4077

  • Listing ID: 29057881

  • Date on Market: 20/07/2023

  • Last Updated:

  • Address: 5105 Macarthur Blvd NW, Washington, DC 20016

The Retail Property at 5105 Macarthur Blvd NW, Washington, DC 20016 is currently available For Sale. Contact Greysteel Holdings for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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5105 Macarthur Blvd NW, Washington, DC for sale Building Photo- Image 1 of 3
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© 2024 CoStar Group

5105 Macarthur Blvd NW
(202) 499-4077 x

5105 Macarthur Blvd NW

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Benjamin Wilson

(202) 499-4077

(202) 499-4077

Ian Weisz

(202) 869-1743

(202) 869-1743

Burke McLaughlin

(202) 753-0105

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(202) 753-0105 x337

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