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Convenient Store Sublease Available
For Lease
$4,200/Mo

3617 12th St NE, Washington, DC 20017

Sublease with 8 years remaining, built out as a store.

Space SizeContact for details
Days on Market140

Property Features for 3617 12th St NE

General Information

Standard status Active

Building Details

Year Built 1938
Listing Agency: Vantage Commercial Realty & Management
Listed By: Ken Noroozi · License #IB98373698
Source: Kandorre
Added: Apr 24 Changed: Aug 23 Last Checked: Sep 9 at 9:02PM

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 Vantage Commercial Realty & Management

Investment Insights

Based on property information with market context.

This is a sublease opportunity with 8 years remaining on the lease term. The property is built out as a convenience store. The location has a bike score of 70, indicating it is very bikeable. The walk score is 60, suggesting it is somewhat walkable. The transit score is 66, reflecting good transit options.

Key Highlights

  • Sublease with 8 years remaining
  • Built out as a convenience store
  • Good Transit Score (66)

Property Analytics

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Current Use

Hawkesbay (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Accounting Firm Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,347
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 22% Home Improvements & Furnishings 11%
Chipotle Mexican Grill Dining
8,216 visits/mo 0.4 miles
Shell Shops & Services
6,672 visits/mo 0.1 miles
7-Eleven Shops & Services
6,196 visits/mo 0.2 miles
PNC Bank Shops & Services
5,981 visits/mo 0.2 miles
Exxon Shops & Services
5,981 visits/mo 0.3 miles

Demographics for 20017, DC

20,293
Population
9,252
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
9,224
Density / Sq Mi
$101,543
Median Household Income
$74,399
Median Earnings
$1,793
Median Rent
$686,400
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

4.9% 2019
5.4% 2020
5.6% 2021
4.8% 2022
4.6% 2023
4.2% 2024
4.6% 2025
Rey
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Similar Off Market Nearby

  • Balangay 703 Edgewood St NE, Washington, DC 20010
  • Franklin Market 2723 7th St NE, Washington, DC 20017
  • Neighborhood Market 1611 Rhode Island Ave NE, Washington, DC 20018

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Sublease with 8 years remaining, built out as a store.
Where is this grocery and convenience store located?
The property is located at 3617 12th St NE Washington, DC.
What is the lease rate?
The lease rate is $4,200/Mo.
What are key features of this property?
This property features: Sublease with 8 years remaining; Built out as a convenience store; Good Transit Score (66)
More about this property
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