1336 U St NW Washington, DC 20009

5,014 SF 0.04 ac lot Built 1905

Entity Owned 11-yr Hold ~ Est. High Equity

Property ID

US16-0053773

Google Maps

This exceptional, fully occupied, 6,000 square foot Class A retail building is located at 1336 U St NW, Washington, DC 20009. Situated in the vibrant U Street Corridor, this fee-simple property boasts a new 10-year lease (through May 2034) with a high-quality tenant, Highlight Kitchen & Lounge. The lease includes annual rent increases of 3.0%. The building, originally constructed in 1905 and extensively renovated in 2024, features four floors plus a basement, and a glass-enclosed rooftop. Recent renovations included a complete interior build-out, upgraded security systems (including cameras), a new sound system, and comprehensive WiFi cabling. The property is zoned ARTS-1 and sits on a 1,800 square foot lot. The tenant is responsible for expense pass-throughs, minimizing landlord responsibilities. This prime location benefits from excellent proximity to the Metro and a dense population of high-income residents (33,000 residents within a 0.5-mile radius, averaging $221,000 in annual household income). This is a Core+ investment opportunity with significant upside potential. The single-tenant, NNN lease structure provides a stable and predictable income stream. This is a rare opportunity to acquire a turn-key, high-performing asset in one of Washington, D.C.'s most desirable retail locations.