Prime Retail Space For
For Sale
$1,330,000
1425 H Street NE, Washington, DC 20002
Street-level retail space in evolving DC neighborhood with flexible layout.
Property Size5,000 SF
Price / SF$266
Days on Market192
Property Features for 1425 H Street NE
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Zoning
NC-15
Taxes and HOA fees
Annual Taxes
$32,801
Amenities
Natural Gas
Yes
2
Y
Corner,Level,Rear Yard,Trees/Wooded
Public
10000-14999
No
On Street
Concrete,Paved
Slab,Crawl Space
2536.00
City/County
Building Details
Year Built
1880
Listing Agency:
Tartan Properties, Inc.
(856) 222-0077
Listed By:
Brittany Moody
(609) 744-6614
Source:
Thetristaterealestategroup
Added: Mar 5
Changed: Sep 12
Last Checked: Sep 13 at 5:39AM
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 Tartan Properties, Inc.
Investment Insights
Based on property information with market context.
This street-level retail space is located in a rapidly evolving Washington, DC neighborhood. The property features exposed brick, flexible layouts, a large outdoor space in the rear, and multiple entrances. The space includes a primary storefront entrance with strong visibility and a secondary ground-floor entrance that opens to a private rear outdoor area suitable for indoor/outdoor retail use, staff access, loading, or customer activation. An additional entrance with a secondary Maryland Avenue address enhances accessibility and branding. There is an option to lease four upstairs offices, each with secondary entrances on both H Street and Maryland Avenue, suitable for back-office operations, creative studios, administrative needs, or additional business functions. Situated less than one mile from the planned $3 billion Washington Commanders stadium, the location may benefit from incoming foot traffic, economic activity, and growing neighborhood visibility. The property offers long-term appeal for retail, restaurant, mixed-use, office, wellness, and creative users seeking storefront presence and operational flexibility. The property is surrounded by dining, retail, transit, and dense residential communities.
Key Highlights
- Prime street‑level retail space in a rapidly evolving Washington, DC neighborhood.
- Located less than one mile from the planned $3 billion Washington Commanders stadium, promising increased foot traffic and economic activity.
- Features a large private rear outdoor space suitable for indoor/outdoor retail use.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,955
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,239,100
$2.2M
Cap Rate 7%
$1,599,357
$1.6M
Cap Rate 9%
$1,243,944
$1.2M
Market Conditions
NOI Build-Up for 5,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$168.0K $33.60/SF
− Vacancy
−$8.1K −$1.61/SF
EGI
$159.9K $31.99/SF
− OpEx
−$48.0K −$9.60/SF
NOI
$112.0K $22.39/SF
Area
ZIP 20002
Vacancy
4.80%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,239,100
Cap Rate 7%
$1,599,357
Cap Rate 9%
$1,243,944
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $111,955 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,706 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
25,062
Businesses Nearby
67k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 59%
Dining 41%
McDonald's
Dining
24,382 visits/mo
0.1 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.2 miles
Moxy Hotels
Hotels & Casinos
5,828 visits/mo
0.3 miles
Hyatt Place Washington Dc/White House
Hotels & Casinos
5,074 visits/mo
0.3 miles
Homewood Suites by Hilton Downtown, Washington DC
Hotels & Casinos
4,230 visits/mo
0.5 miles
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
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Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail space in evolving DC neighborhood with flexible layout.
Where is this retail space located?
The property is located at 1425 H Street NE Washington, DC.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Prime street‑level retail space in a rapidly evolving Washington, DC neighborhood.; Located less than one mile from the planned $3 billion Washington Commanders stadium, promising increased foot traffic and economic activity.; Features a **large private rear outdoor space suitable for indoor/outdoor retail use.**
