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

Description:

• 100% leased to Hush/SLIDE DC 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

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000001n5FhYAI