Mixed-Use Building | Hard Corner | Near RFK Development

Highlights:

• NNN Anchor Lease Runs Through Year 2031: Benning Market/Dollar Plus pays guaranteed NNN rent with 2% escalations and two 5-year options.
• Eight Units Delivered Vacant At Closing: No TOPA delays—buyer can lease all eight apartments at full market rents immediately.
• Over $500K In Recent Capital Improvements: New roof, electrical, plumbing, HVAC, windows and masonry restoration completed since 2019.
• 4,000 SF Of Vacant Retail And Flex Space: A 600 SF retail suite and 3,400 SF lower level add further lease-up upside for a buyer.
• Less Than 1 Mile From $3.7B RFK Project: Washington Commanders' new domed stadium anchors a $3.7B-$3.8B, 180-acre district nearby.
• Old City 1's High HCVP Rent Submarket: Old City 1 offers some of D.C.'s highest Housing Choice Voucher Program rents citywide.

Description:

For more information visit:
https://rimarketplace.com/auction/3387/retail/washington/dc?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=october7_2026&utm_content=retail_3387


Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2001-2003 Benning Road NE is an 11-unit mixed-use asset in Washington, D.C.'s Old City 1 neighborhood. Built in 1934 and renovated since 2019 with over $500,000 in capital improvements—including a new roof, electrical and plumbing systems, HVAC units, windows, and masonry restoration—the roughly 13,791-square-foot building combines ground-floor retail anchored by Benning Market/Dollar Plus on a long-term NNN lease with eight residential units delivered vacant at closing, allowing a buyer to establish market rents immediately without TOPA-related delays. An additional 600-square-foot retail suite and 3,400-square-foot lower-level flex space remain vacant, offering further lease-up upside. The asset sits along the rapidly developing Benning Road corridor, exposed to nearly 31,000 vehicles daily and less than one mile from the future RFK Stadium campus, where the Washington Commanders and the District are driving a $3.7 billion-plus, 180-acre redevelopment. Combined with Old City 1's position among the District's highest Housing Choice Voucher rent areas, the property offers a rare blend of in-place income, immediate upside, and proximity to one of Washington, D.C.'s largest coming investment waves.


Location
Located at 2001-2003 Benning Road NE where Benning Road meets Maryland Avenue NE in Old City 1, the asset sees nearly 31,000 vehicles daily just blocks from the H Street NE corridor, Gallaudet University, and the Union Market District, and less than one mile from the future $3.7B RFK Stadium campus, Capitol Hill, and the Anacostia riverfront trail.


Bidding Opens
Oct 06 12:00 AM
Bidding Closes
Oct 08 12:00 AM

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