Contacts
SRS Real Estate Partners
SRS Real Estate Partners
Property Details
- Property Type Retail - Restaurant
- Property Size 5,654 SF
- Lot Size 0.03 Acre
- Cap Rate % 7.25
- Date Updated May 8, 2025
9+ years remain on lease with an additional 2 (5-year) option periods to extend
The lease features scheduled annual rental increases throughout the initial term, growing NOI and hedging against inflation
Fee Simple fully depreciable asset
The base rent throughout the option periods is based on an annual fair market value basis
Originating as a food cart in 2007, Pupatella has quickly become a household name for Neapolitan Pizza throughout the Washington, D.C. region
Pupatella is certified by the Assozione Verace Pizza Napoletana (AVPN), the legal Italian entity that defines what true Neapolitan Pizza is and ensures that each pizzeria complies with strict guidelines
There are currently 10 established Pupatella restaurants with an additional location opening in Maryland soon
Tenant pays for taxes, insurance, and maintains most of the premises
Landlord is responsible for the capital expenses pertaining to the roof & structure
Roof work was recently completed in November 2021, limiting future landlord expenses
Ideal, low-management, depreciable investment for a passive investor
- Strategically located at the hard corner intersection of Massachusetts Avenue and 3rd Street, averaging a combined 30,300 vehicles passing by daily
Reach out to the broker for more info on lease terms and amenities
Getting around
-
93/100
Walk Score ®
-
91/100
Transit Score ®
-
97/100
Bike Score ®
Location
- City Washington, DC
- Neighborhood Capitol Hill
- Zip Code 20002
- Market Washington DC Suburban Maryland
Points of Interest
-
Hart
0.16 miles
-
Dirksen
0.25 miles
-
Russell
0.34 miles
-
H Street & 3rd Street Northeast
0.42 miles
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U.S. Capitol
0.42 miles
-
H Street & 5th Street Northeast
0.43 miles
-
Union Station
0.44 miles
-
H Street & 8th Street Northeast
0.55 miles
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Capitol South
0.63 miles
-
Rayburn
0.66 miles
-
Exxon
0.11 miles
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Tesla Destination Charger
0.47 miles
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Tesla Supercharger
0.83 miles
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Marathon
0.88 miles
-
Shell
0.97 miles
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ChargePoint
1.06 miles
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Sunoco
1.11 miles
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Mobil
1.12 miles
-
eVgo
1.28 miles
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Virginia Ave Valero
1.45 miles
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U.S. Senate Lot 16
0.17 miles
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Capitol Hill Parking
0.39 miles
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Union Station Parking Garage
0.43 miles
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Colonial Parking
0.63 miles
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Congressional Staff Parking - Staff Only
0.78 miles
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Parking Garage
1.03 miles
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Pupatella
0.00 miles
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Bistro Cacao
0.05 miles
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Nostra Cucina
0.06 miles
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Buffalo & Bergen
0.06 miles
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Pho79
0.07 miles
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The Monocle
0.18 miles
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Butter Chicken Company 3
0.24 miles
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McDonald's
0.30 miles
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Raising Cane's
0.30 miles
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Chick-fil-A
0.32 miles
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Giant
0.45 miles
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Whole Foods Market
0.47 miles
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Trader Joe's
0.74 miles
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Harris Teeter
0.83 miles
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Streets Market
0.83 miles
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Yes Organic Market
0.84 miles
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Safeway
1.12 miles
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Hechinger Mall
1.23 miles
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Ross
1.26 miles
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Saks Fifth Avenue
1.38 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
