753 8Th St SE Washington, DC 20003
For Lease
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This exceptional retail property, located in the vibrant Barracks Row/Navy Yard/National Park submarket of Washington, DC, presents a unique investment opportunity. Situated on the ground floor of a three-story building on a corner lot, this single-tenant space offers 1,150 square feet of retail area, complemented by a full basement level, adding significant storage or expansion potential. The building's total square footage is 5,119 square feet, situated on a 0.05-acre lot. The property is ideally suited for a variety of businesses, particularly those catering to a specific niche market, such as an ethnic cafe, hair/nail salon, or other destination-focused enterprises. The asking price is $65.50 per square foot, plus triple net. This rapidly developing area offers significant growth potential, making this a compelling investment in a thriving and desirable neighborhood. The Barracks Row/Navy Yard/National Park area is experiencing substantial expansion and transformation, presenting a rare chance to establish a business in a location poised for continued success. This is a ground-floor retail space with high visibility and foot traffic, promising strong returns for the right operator. Don't miss this chance to secure a prime retail location in one of Washington, D.C.'s most dynamic neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU-25,MU-4 · Washington, DCNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.