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Jumbo Slice 1344 U St NW 1,750 sq ft of Retail Space Available in Washington, DC 20009
HIGHLIGHTS
- Corner Lot Along U St Steps from 14th and U St NW, U Street Metro
- 2 Whole Foods & 2 Metro Stations within walking distance
- Entire Building Available for Lease
- High Visibility & High Foot Traffic
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 2nd Floor | 1,750 sq ft | 5-10 Years | £48.89 /sq ft pa £4.07 /sq ft pcm £85,552 pa £7,129 pcm | Triple Net |
2nd Floor
Perfect for various uses including the following; National Chain, Bakery, International Brands. Steps away from the intersection of U and 14th Street NW. 3,800 square foot building plus basement storage room as well as rooftop space potential. The property is on a very visible corner, with 20 feet of frontage on U St and 100 feet of frontage along Nap Turner Way. The property is within a half mile of 8,900 apartment units with another 900 under construction. 1344 U Street is fortunate to have a corner lot with an alleyway along the western side of the building which creates access to the back of the property.
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as Standard Retail Unit
- Highly Desirable End Cap Space
- High Foot Traffic Location with Great Signage.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,750 sq ft | Net Internal Area (NIA) | 3,900 sq ft |
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Restaurant |
| Total Space Available | 1,750 sq ft |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Net Internal Area (NIA) | 3,900 sq ft |
| Year Built | 1880 |
ABOUT THE PROPERTY
1344 U Street is located in the Heart of the U Street Historic District with 20 feet of frontage along U Street and 100 feet of frontage along Nap Turner Way. The alleyway was named after the beloved D.C. musician and radio host. Nap Turner Way is rumored to be the first street in D.C.’s “Walk of Fame,” a series of alleys and streets named after the city’s most famous artists and musicians. The Walk, which would stretch along the U Street corridor, would commemorate a location once known as Black Broadway. Once described as a “city within a city” the Greater U Street Historic District is currently a thriving residential and commercial neighborhood of northwest Washington. The district’s main artery, U Street, flows through the center of the neighborhood, offering a variety of stores, restaurants, small businesses, night clubs and other entertainment venues in renovated 19th and early 20th-century buildings. This building is located within a half mile of 8,900 Apartment units with another 900 units under construction. 14th and U Street is the most active block in the U street corridor, the foot traffic, cars and transit services are all here. If great demographics, visibility and a growing educated high-income population are important to your business location, this is the property for you.
- Bus Route
- Corner Lot
- Restaurant
- Signage
- Signalised Intersection
NEARBY MAJOR RETAILERS
Presented by
Alternative Development, Inc.
Jumbo Slice | 1344 U St NW
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