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Established Cigar Store Investment

1132 19th St Nw, Washington, DC

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For Sale

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Corporate-backed cigar store with long-term lease and strong sales.

Type:RETAIL

Property size:

5,800 SF

Lot size:

0.43 Acres

Price / SF:

$860/SF

HighLights

Corporate lease with 9+ years remaining and two 5‑year extension options.
Lease guaranteed by JR Cigars, the world’s largest distributor and retailer of premium cigars.
3% annual rental increases starting April 2027, increasing NOI and hedging against inflation.
One of only 5 establishments in Washington D.C. with a license allowing smoking on the premises.
Tenant pays for CAM, taxes, insurance, and all maintenance and repairs, creating a low‑management investment.
Strong sales and private club membership.

We can help!

Listing Contact

Rick Fernandez

For Sale

Contact for pricing

Corporate-backed cigar store with long-term lease and strong sales.

Type:RETAIL

Property size:

5,800 SF

Lot size:

0.43 Acres

Price / SF:

$860/SF

Added:: Apr 10, 2025
Days on Market:: 433
Last Refresh:: May 20 at 9:02 pm

Property Features for 1132 19th St Nw

General Information

Standard status: Active
Size: 5,800 SF
Lot size: 0.43 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Rick Fernandez

Listing agent Rick Fernandez License #0225193951

Listing office SRS Real Estate Partners | McLean

Listing date Apr 10, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean

HighLights

Corporate lease with 9+ years remaining and two 5‑year extension options.
Lease guaranteed by JR Cigars, the world’s largest distributor and retailer of premium cigars.
3% annual rental increases starting April 2027, increasing NOI and hedging against inflation.
One of only 5 establishments in Washington D.C. with a license allowing smoking on the premises.
Tenant pays for CAM, taxes, insurance, and all maintenance and repairs, creating a low‑management investment.
Strong sales and private club membership.

Overview

This property is occupied by Casa De Montecristo, a modern cigar store offering a wide selection of premium cigars and smoking accessories. There are currently 23 Casas across the USA. The tenant has over 9 years remaining on their corporate lease, with two 5-year options to extend, demonstrating a long-term commitment to the location. The lease includes 3% annual rental increases starting in April 2027. The lease carries a corporate guarantee from JR Cigars, a large distributor and retailer of premium cigars. The property benefits from very strong sales and private club membership. A massive air exchange and air filtration system was installed in 2018. The tenant is responsible for CAM, taxes, insurance, and all maintenance and repairs. Landlord responsibilities are limited to structure and roof replacement. The property is a low-management, depreciable investment for a passive investor. The 5,800 square foot establishment is one of only 5 in Washington D.C. with a license allowing smoking on the premises.

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

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Map

City: Washington
County: District of Columbia
State: District of Columbia
Longitude: -77.0437
Latitude: 38.9047

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What type of property is this?

Storefront property - Corporate-backed cigar store with long-term lease and strong sales.

Where is this storefront property located?

The property is located at 1132 19th St Nw Washington, DC.

What is the asking price?

The asking price for this property is $4,989,000.

What are key features of this property?

This property features: Corporate lease with 9+ years remaining and two 5‑year extension options.; Lease guaranteed by JR Cigars, the world’s largest distributor and retailer of premium cigars.; 3% annual rental increases starting April 2027, increasing NOI and hedging against inflation.

1132 19th St Nw, Washington, DC

Corporate-backed cigar store with long-term lease and strong sales.

Property Features for 1132 19th St Nw

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Turnkey Mixed-Use Redevelopment Opportunity

Mixed-Use Building with Retail

Turnkey Restaurant/Bar Opportunity on Georgia Avenue

Prime Retail Opportunity in Washington

Four-Story Retail Building with Rooftop

Value-Add Multifamily Building Opportunity

Office Condominium with Parking

Renovated Multifamily Building in Washington, DC

Multifamily Property with Independent Entrances

Columbia Heights Mixed-Use Investment

Updated Two-Unit Residential Income Property

Turnkey Updated Fourplex with 1-Bed Units

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