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    2436 18Th St NW Washington, DC 20006

    For Sale
    $3,350,000

    Net leased restaurant in the Adams Morgan neighborhood.

    Property size:
    6,100 SF
    Lot size:
    0.07 Acres

    Property Features for 2436 18Th St NW

    General Information

    Size
    6,100 SF
    Lot size
    0.07 Acres

    Source: Greysteel - Corporate Agent Ian Weisz

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

    Overview

    Adams Morgan Net Leased Restaurant

    This net leased restaurant is located on 18th Street NW in the Adams Morgan neighborhood of Washington, D.C. The Jerk Pit, a seasoned tenant with over 18 years of operation in the D.C. area, occupies the property. The NNN lease structure minimizes landlord responsibilities for management. The tenant recently signed a new 10-year lease, expanding their business to a second location. The property is less than a mile from the Woodley Park-Zoo/Adams Morgan metro station. Adams Morgan is a sought-after neighborhood in Washington, D.C., for both young professionals and families. The property size is 6100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Similar Places Nearby

    Churreria Madrid, TasteLife Catering LLC, Uptown Caterers Co, Milas Catering Inc, Jerry's Kitchen - Washington D.C. Catering Company

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0426521
    Latitude
    38.9215448

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    FAQs

    What type of property is this?
    Restaurant - Net leased restaurant in the Adams Morgan neighborhood.
    Where is this restaurant located?
    The property is located at 2436 18Th St NW Washington, DC.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: - NNN lease structure minimizes landlord responsibilities; - Brand new 10-year lease signed by established tenant; - Located in the highly desirable Adams Morgan neighborhood of Washington, D.C.
    (301) 461-7817
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2436 18Th St NW Washington, DC 20006
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