Washington, D.C. - 1359 U Street NW (Revolt)

Description:

• 100% leased to Hush Nightclub for 10 years
• Tenant has one 5-year option to extend with fixed rental rate increases through the option term
• Excellent long-term viability in the underlying real estate with a replaceable rental rate
• Tenant occupies the entirety of the three-story building

• Strategically located at the signalized, hard corner intersection of 14th Street NW and U Street NW, averaging a combined 19,300 vehicles passing by daily
• 14th Street and U Street corridors have undergone major revitalization over the past years and now offers a range of hip restaurants, retail, entertainment and nightlife
• Nearby national/credit tenants include Trader Joe’s, Taco Bell, OrangeTheory, Starbucks and more
• Strong tenant synergy increases consumer draw to the trade are and promotes crossover exposure for this site
• One block west of U Street/African Amer. Civil War/Cardozo Metro station, a rapid transit station along the Green line of the Washington Metro with an annual ridership of roughly 1.3 million passengers
• One block from the street from Sonnet Apartments, a mixed-use property consisting of 288 luxury apartments and 12,531 SF of retail space that is anchored by NuBoxx, Solidcore and Liv
• More than 59,600 households within the 1-mile trade area, providing a direct residential consumer base from which to draw

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Listing ID: a28TP000001n5FhYAI