Two-Tenant Retail
For Sale
Contact for pricing
1689 West 5th Street & 612 Grimes Road, Washington, NC 27889
Fully leased to Dunkin’ and Jimmy John’s along West 5th Street near downtown Washington.
Property Size3,118 SF
Price / SF$1,016
Days on Market8
Property Features for 1689 West 5th Street & 612 Grimes Road
General Information
Standard status
Active
Size
3,118 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$206,000
Site & Location
Traffic Count
21,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Jul 29
Changed: Aug 4
Last Checked: Aug 5 at 12:15PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
Completed in 2026, this 3,118-square-foot retail property contains two tenant spaces occupied by Dunkin’ and Jimmy John’s. The building is reported as 100% leased and is positioned at 1689 West 5th Street & 612 Grimes Road in Washington, North Carolina.
West 5th Street carries 21,500 VPD, while Highway 17 and Clarks Neck Road are located just feet from the property, with reported traffic volumes of 8,300 VPD and 15,00 VPD, respectively. Downtown Washington is less than one mile away, adding proximity to the city center and nearby roadway connections.
West 5th Street carries 21,500 VPD, while Highway 17 and Clarks Neck Road are located just feet from the property, with reported traffic volumes of 8,300 VPD and 15,00 VPD, respectively. Downtown Washington is less than one mile away, adding proximity to the city center and nearby roadway connections.
Key Highlights
- 3,118‑square‑foot retail building completed in 2026
- Two‑tenant property occupied by Dunkin’ and Jimmy John’s
- 100% leased
Property Analytics
Current Use
Lease Details
21,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Hotels & Casinos 12%
Dining 4%
Sheetz
Shops & Services
30,841 visits/mo
0.3 miles
Shell
Shops & Services
10,643 visits/mo
0.3 miles
Dollar General
Shops & Services
8,266 visits/mo
0.2 miles
Hampton Inn Washington, NC
Hotels & Casinos
5,329 visits/mo
0.3 miles
SUBWAY
Dining
2,078 visits/mo
0.3 miles
Demographics for 27889, NC
26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased to Dunkin’ and Jimmy John’s along West 5th Street near downtown Washington.
Where is this retail space located?
The property is located at 1689 West 5th Street & 612 Grimes Road Washington, NC.
What is the asking price?
The asking price for this property is $3,169,300.
What are key features of this property?
This property features: 3,118‑square‑foot retail building completed in 2026; Two‑tenant property occupied by Dunkin’ and Jimmy John’s; 100% leased
