1629 Benning Road NE, Washington, DC 20002
Flexible mixed-use configuration suited for retail, office, or combined concepts in a developing city corridor.
- Added:
- Oct 5, 2025
- Days on Market:
- 253
- Last Refresh:
- Jun 14 at 1:52 am
Property Features for 1629 Benning Road NE
General Information
- Standard status
- Active
- Size
- 7,720 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1984
Listing agent Taylor Properties (703) 298-4977
Listing office (703) 298-4977
Listing date Oct 5, 2025
Source Xome
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 Taylor Properties
HighLights
- Zoned MU‑5A
- Year built: 1984
- Central air cooling
- Heating listed as 3
- Interior features include concrete and carpet flooring and an intercom system
- Flat roof
Overview
The property is situated in a prominent development corridor and is described as benefiting from ongoing revitalization and infrastructure improvements. It is positioned for convenient public transportation access and is discussed as being near major city hubs, including the H Street Corridor.
For tenants and operators, the asset’s mixed-use positioning can accommodate teams looking to serve both commercial needs and a growing residential base in the area. Investors considering repositioning or assemblage may also find the option to coordinate with the adjacent building relevant for development layouts or expanded footprints, subject to negotiation and due diligence.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $433.6k | $56.16 |
| − Vacancy | −$90.2k | −$11.68 |
| EGI | $343.4k | $44.48 |
| − OpEx | −$85.8k | −$11.12 |
| NOI | $257.5k | $33.36 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9805123
- Latitude
- 38.8992231
