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Washington D.C. - Exiles Bar - Availability Details

1610 U St NW, Washington, DC 20009

  • For Sale $3,489,000
  • City Washington
  • Neighborhood U Street Washington
  • Zip Code 20009
  • Market Washington DC Suburban Maryland
  • Property Type Retail - Freestanding
  • Property Size 4,255 Sqft
  • Property Tenancy Single Tenant
  • Year Built 1911
  • Year Renovated 2018
  • Date Updated 28 May, 2021
Exiles Bar is strategically located near a signalized, hard corner intersection along 16th St NW, a major north/west commuter thoroughfare traveling throughout Washington, D.C., averaging 23,900 vehicles passing by daily. The site benefits from excellent visibility along U St NW through a large blade sign, as well as easy access along 16th St NW via signalized, hard corner intersection directly next to its main point of ingress/egress. The asset is within close proximity to 14th Street and 18th Street, two highly desirable corridor’s that have transformed into a stylish and young area with a variety of restaurants, national-brand shops, and bars. Additionally, the subject property is ideally positioned along the U Street Corridor, centrally located between the Dupont, Adams Morgan, and Shaw/Logan neighborhoods. Exiles Bar is in the center of a primary retail corridor with nearby national/credit tenants including Safeway, CVS Pharmacy, Office Depot, Rite-Aid, Trader Joe’s, 7-Eleven, and more, increasing exposure and crossover synergy for the store. Moreover, Howard University (6,200 students) is located less than one mile east of the property, providing the store with a direct consumer base from which to draw. The 5-mile trade area is supported by an extremely dense population of more than 793,000 residents and 774,500 employees. Residents within a 1-mile radius boast an impressive average household income of $145,000.
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Location

  • City Washington, DC
  • Neighborhood U Street Washington
  • Zip Code 20009
  • Market Washington DC Suburban Maryland

Contacts

broker

Andrew Fallon

Washington D.C.

(202) 286-1542

Contact Listing Broker

broker

Andrew Fallon

Washington D.C.

(202) 286-1542

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