The Offering

Summary

  • List Price Request for Offers
  • Product Type Retail Condominiums
  • Number of Units 9
  • Occupancy 100%
  • Weighted Average Lease Term 6.43 Years
  • Average Length of Tenancy 11.42 Years
  • Street Frontage 306'
  • Parking 42 Underground Spaces

Investment Summary

Feldman Ruel is pleased to offer for sale the Kenyon Square Retail Condominiums. The portfolio presents an opportunity to acquire nine commercial condominium units that are currently 100% leased to a mix of local and national tenants, including food and beverage operators, service-oriented retailers, and a financial services provider. The subject property benefits from strong foot traffic driven by its proximity to DC USA Shopping Center and the Columbia Heights Metro Station. Located in the Columbia Heights neighborhood, the Kenyon Square Retail Condominiums are surrounded by a dense residential population with above-average household incomes, supporting consistent retail demand. These factors contribute to the long-term desirability of the subject property for a wide range of tenants.

Investment Highlights

• Extremely Rare 100%-Leased Multi-Tenant Retail Opportunity with 9 Total Tenants

• Strong Tenant Base Including Starbucks, Chipotle, Cava, FedEx, & Truist Bank

• Recently Executed Leases & Lease Extensions Including Starbucks & Truist
• Excellent Foot Traffic from the Columbia Heights Metro Station & DC USA

• Dense Residential Surroundings | ±13,000 Multifamily Units within a 0.5-Mile Radius

• Average Household Income of $139,730 & Median Home Value of $764,164 within a 1-Mile Radius

Listing Agents