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1931 13Th St NW Washington, DC 20005

For Sale
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Mixed-use asset with redevelopment potential in Washington, DC's U St Corridor.

Property size:
47,889 SF
Lot size:
0.49 Acres

Property Features for 1931 13Th St NW

General Information

Size
47,889 SF
Lot size
0.49 Acres

Source: JLL | Washington DC Agent David "Dave" Baker

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Asset Redevelopment Potential

This 47,889 square foot mixed-use asset is located in the heart of Washington, DC's U Street Corridor. The property is 96% leased to 5 tenants with a weighted average lease term of 7 years. Contractual lease rights provide the option to materially de-tenant the property by the end of 2028. The site has significant additional density available by-right, and the seller has a fully approved Planned Unit Development for 190,190 gross square feet of mixed-use development. The property is strategically located in a dynamic neighborhood, atop the U-Street Metro Station (Green Line) at the confluence of the Shaw, Columbia Heights, Dupont Circle, and Logan Circle neighborhoods. It is within walking distance of retail and nightlife offerings, including The 9:30 Club, the Lincoln Theatre, Ben's Chili Bowl, El Rey, and American Ice. The office portion of the property is leased to Howard University (Ba1 credit rating) on a triple-net basis. Retail tenants include DC Lofty Hostel, H&R Block, Pizza, and Emmy French Corner. The offering also includes 22 unimproved parcels that offer development optionality for townhome development and/or large-scale mixed-use development.
Insight Report Location Intelligence

Current Use by Public Records

Office space

Map

City
Washington
County
District of Columbia
State
DC
Longitude
-77.0293532
Latitude
38.9166648

FAQs

What type of property is this?
Mixed-use property - Mixed-use asset with redevelopment potential in Washington, DC's U St Corridor.
Where is this mixed-use property located?
The property is located at 1931 13Th St NW Washington, DC.
What are key features of this property?
This property features: - Outstanding redevelopment potential with significant additional density available.; - Strategic location in the heart of Washington, DC's U St Corridor, atop the U-Street Metro Station (Green Line).; - Currently 96% leased with a 7-year WALT, providing stable income.
More about this property
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