1515 15th St NW Washington, DC 20005

Listing agency JCR d***@jcrcompanies.com Show Phone

Listed by Drew Briscoe · License #SP98372090

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:31AM Checked: Jul 21 at 7:06AM

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Investment Insights

Based on property information with market context.

The offering is a retail condominium portfolio that includes a Vida Fitness gym, Bang Salon, and an underground structured parking garage condominium. The property is fully leased and benefits from long-term in-place leases with regularly scheduled base rent increases.

The portfolio is located at 1515 15th Street NW in Washington, DC, in the Logan Circle market area. The remarks note several thousand residential units planned, under construction, or recently delivered in the submarket, along with more than 40 restaurants and other retailers opening in the past 18 months. Retail rents are described as having nearly doubled in the submarket.

The JCR Companies acquired a large portion of the retail and parking space at The Metropole, a luxury condominium residence in Washington’s Logan Circle neighborhood.

Key Highlights

• Retail condominium portfolio fully leased and supported by long‑term in‑place leases
• Includes a Vida Fitness gym and a Bang Salon within the portfolio
• Includes an underground structured parking garage condominium

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FAQs

What type of property is this?

Fitness center & gym - Portfolio includes a fitness gym, salon, and underground structured parking, fully leased with long-term in-place leases.

Where is this fitness center & gym located?

The property is located at 1515 15th St NW Washington, DC.

What are key features of this property?

This property features: Retail condominium portfolio fully leased and supported by long‑term in‑place leases; Includes a Vida Fitness gym and a Bang Salon within the portfolio; Includes an underground structured parking garage condominium