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Bank of America Bank Property
For Sale
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915 Rhode Island Ave NE, Washington, DC 20018

Bank property with an NNN ground lease and a newly extended five-year lease term.

Property SizeContact for details
Days on Market144

Property Features for 915 Rhode Island Ave NE

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 5.83%

Building Details

Tenancy Single
Listing Agency: NAI KLNB (Washington, DC)
Listed By: Andy Stape · License #MD 65434
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:04AM

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 NAI KLNB (Washington, DC)

Investment Insights

Based on property information with market context.

This Bank of America bank property is offered through an NNN ground lease structure and includes 3,669 square feet. The lease has been extended for an additional five-year term, providing a defined contractual period for the arrangement.

Located at 915 Rhode Island Ave NE in Washington, DC, the property is associated with a 5.83% cap rate. The asset is classified as a bank property and is presented for sale.

Key Highlights

  • Bank of America bank property
  • NNN ground lease structure
  • Fresh 5‑year lease extension

Property Analytics

Current Use

Kelsey Nikcevich Foster Care Service Hillcrest Children and Family ... Social Service Agency Bank of America ATM ... Atm ATM Atm Bank of America (with ... Bank

Suggested Use

Top Pick Law Firm Dental Office Accounting Firm Spa & Massage Center Real Estate Agency Skin Care Clinic

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,682
Businesses Nearby
308k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 29% Dining 28% Groceries 16% Home Improvements & Furnishings 15%
Giant Groceries
49,880 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
47,643 visits/mo 0.1 miles
McDonald's Dining
29,969 visits/mo 0.4 miles
Alamo Drafthouse Cinema DC Bryant Street Leisure
28,767 visits/mo 0.3 miles
McDonald's Dining
23,826 visits/mo 0.4 miles

Demographics for 20018, DC

20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Bank - Bank property with an NNN ground lease and a newly extended five-year lease term.
Where is this bank located?
The property is located at 915 Rhode Island Ave NE Washington, DC.
What are key features of this property?
This property features: Bank of America bank property; NNN ground lease structure; Fresh 5‑year lease extension
More about this property
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