Description
2619-2621 Connecticut Ave NW is an incredible Triple Net (NNN) Investment opportunity in the heart of Northwest, Washington, D.C.This distinguished property features a 3,850-square-foot building and is home to two strong restaurant tenants with leases extending until 2035. With a true NNN lease structure, there are no landlord responsibilities, ensuring a hassle-free investment. The space is currently built out as single story retail, and the property offers a valuable by-right development opportunity to build above the retail spaces up to 50 feet. This allows for a range of future commercial or residential possibilities, providing exceptional flexibility for investors.Situated along Connecticut Avenue, the property boasts prime visibility and accessibility in a neighborhood experiencing a surge of new developments. Its strategic location makes it a standout investment opportunity in the nations capital. Whether maintained as a stable income-generating asset or redeveloped into a modern, dynamic space, this property presents immense potential.
Description
2619-2621 Connecticut Ave NW is an incredible Triple Net (NNN) Investment opportunity in the heart of Northwest, Washington, D.C.This distinguished property features a 3,850-square-foot building and is home to two strong restaurant tenants with leases extending until 2035. With a true NNN lease structure, there are no landlord responsibilities, ensuring a hassle-free investment. The space is currently built out as single story retail, and the property offers a valuable by-right development opportunity to build above the retail spaces up to 50 feet. This allows for a range of future commercial or residential possibilities, providing exceptional flexibility for investors.Situated along Connecticut Avenue, the property boasts prime visibility and accessibility in a neighborhood experiencing a surge of new developments. Its strategic location makes it a standout investment opportunity in the nations capital. Whether maintained as a stable income-generating asset or redeveloped into a modern, dynamic space, this property presents immense potential.
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