Property summary
This exceptional investment opportunity presents a fully occupied, multi-tenant retail strip located at 701-709 Kennedy Street NW in Washington, DC, 20011. The property encompasses 5,627 square feet across five retail bays, all currently leased. Four of the five bays underwent renovations in 2022, and all are occupied by established local businesses with experienced operators. The most recent lease was signed in 2024, bringing occupancy to 100%. The projected net operating income (NOI) for… 2025 is $135,000. This stabilized investment offers significant upside potential due to the strong tenant base and long-term leases (four of five tenants have been in place for five years or more). The property benefits from a NNN lease structure, minimizing landlord responsibilities and maximizing cash flow. The building, constructed in 1927 and situated on a single story, is zoned MU-4. Title is held fee simple, with common elements governed by a Reciprocal Easement Agreement (REA) with an adjacent apartment building. This multi-tenant configuration provides inherent flexibility and mitigates occupancy risk compared to single-tenant properties. The property's prime location and strong tenant occupancy make it an attractive investment for discerning buyers seeking a stable, high-performing retail asset in a thriving Washington, DC neighborhood.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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