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    1451 P St Washington, DC 20005

    Sponsored
    For Lease
    $600 /Mo ($12 SF/Yr)

    600 SF Retail, High Foot Traffic, A-Class

    Lot size:
    600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 600-square-foot retail space is located in the vibrant Logan Circle neighborhood, directly across from a Whole Foods Market. Built in 2009 and renovated in 2017, this Class A property offers a single-tenant occupancy in a one-story building. The unit is currently vacant and boasts high foot traffic due to its prime location. Convenient parking is available. The property's strategic position ensures excellent visibility and accessibility for customers. Surrounding businesses include well-established names such as Wells Fargo, Call Your Mother Deli, TD Bank, and Sweetgreen, creating a strong and desirable retail environment. The space includes a valuable storage area within a garage. This location is ideal for a business seeking high visibility in a thriving, upscale urban community with consistently high pedestrian traffic. The property offers a unique opportunity to establish a presence in one of Washington D.C.'s most sought-after neighborhoods. The address is 1451 P Street, conveniently situated near the intersection of 14th Street.

    Property Features for 1451 P St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    600 SF
    Class
    A
    Total Rate
    600

    Building Details

    Year Built/Renovated
    2009/2017
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    600 SF
    Rate per SF
    $600

    HighLights

    • 600 SF Class A retail space in Logan Circle.
    • Single‑tenant occupancy.
    • Completely vacant and ready for immediate occupancy.
    • Built in 2009, renovated in 2017.
    • High foot traffic location across from Whole Foods.
    • Includes storage space and parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -77.0338203
    Latitude
    38.9097935

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    FAQs

    What type of property is this?
    Retail property - 600 SF Retail, High Foot Traffic, A-Class
    Where is this retail property located?
    The property is located at 1451 P St Washington, DC.
    What is the lease rate?
    The lease rate is $600 /Mo.
    What are key features of this property?
    This property features: 600 SF Class A retail space in Logan Circle.; Single-tenant occupancy.; Completely vacant and ready for immediate occupancy.
    Request Owner's contact information
    1451 P St Washington, DC 20005
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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
    1451 P St Washington, DC 20005
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