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    3451 Benning Rd Washington, DC 20019

    For Lease
    $36 SF/Yr

    Prime DC Office/Retail, 9,300 SF Available

    Lot size:
    13,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property at 3451 Benning Road NE in Washington, DC, offers a unique investment opportunity. The 13,600 square foot building is zoned for retail, office, and restaurant use, providing significant flexibility for potential tenants. Currently, there are two suites available, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 6,800 square feet. A substantial 9,300 square feet is currently vacant, presenting a prime opportunity for immediate occupancy. The building's versatile layout is ideal for a variety of businesses, from traditional office spaces to medical practices or retail establishments. The property's location in the vibrant Benning Road corridor offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location in Washington, DC. The 20019 zip code provides easy access to major transportation routes and a diverse customer base. This multi-tenant building presents a compelling opportunity for investors and businesses alike seeking a well-located and adaptable commercial space in the District of Columbia. The property is for sale and offers a significant potential for return on investment.

    Property Features for 3451 Benning Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,600 SF
    Total Rate
    40800

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,800 SF
    Rate per SF
    $36
    Space
    Office Space
    Size
    2,500 SF
    Rate per SF
    $36

    HighLights

    • 6,800 SF of retail/restaurant/grocery space available.
    • Located in a Food Access Fund and Great Street Grant area.
    • Existing restaurant infrastructure in place.
    • Ample free surface parking.
    • Excellent access to major roadways.
    • $36/SF NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -76.954854241971
    Latitude
    38.895993529822

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    FAQs

    What type of property is this?
    Restaurant - Prime DC Office/Retail, 9,300 SF Available
    Where is this restaurant located?
    The property is located at 3451 Benning Rd Washington, DC.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 6,800 SF of retail/restaurant/grocery space available.; Located in a Food Access Fund and Great Street Grant area.; Existing restaurant infrastructure in place.
    Request Owner's contact information
    3451 Benning Rd Washington, DC 20019
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    Washington, DC 20019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3451 Benning Rd Washington, DC 20019
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