Prominently located at 1508 14th Street NW, the property is well positioned in one of DC’s most desirable submarkets, 14th Street corridor/Logan Circle. Fronting 14th Street between Church Street and P Street, the property is ideally situated near a top performing Whole Foods. Vast development along the 14th Street corridor has spurred a flood of national retail tenants to the market, including Starbucks, sweetgreen, Shake Shack, Lululemon, TD Bank, PNC Bank, Chase Bank, CVS and Walgreens; making the corridor one of DC’s most coveted retail destinations. Located on one of DC’s busiest blocks, the property benefits from exceptional daily exposure with a current population of 108,000 (and projected 12% growth within the next five-years) within a one-mile radius and a walk score of 97.
Property Highlights.
- 7,700 square foot retail property
- Core urban location – close proximity to top performing Whole Foods
- 14th Street Corridor/Logan Circle is one of the most sought-after submarkets in the District
- $138,000 Average Household Income
- 14.3M SF Residential Development Under Construction
Demographics & Market Stats.
- 108,000 Residents
- 121,000 Daytime Employees
- 12% Population Growth Through 2022
- $138,000 Average Household Income
- 14.3M SF Residential Development Under Construction
- 5M+ SF Retail
Offered for Sale.
LIST PRICE: $8,185,000 | CAP RATE: 5.00%
For More Information.
Danny Brooker
202.772.0530 | dbrooker@monumentretail.com
Rich Sillery
202.777.2005 | rsillery@monumentretail.com