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2701 12th Street Northeast
Washington, DC 20018
Asking Price
$996K
Asset Type
Retail
Class
Class B
What's Special
<ul><li>Five-Suite Commercial Asset with Flexible Tenant Configuration</li><li>Pro Forma NOI Exceeding $70,000 with a Projected Cap Rate Just Above 7.0% Upon Stabilization</li><li>Value-Add Opportunity Through Lease-Up of Remaining Vacancy</li><li>Located in the Brookland Neighborhood, One of Northeast D.C.’s Most Rapidly Transforming Submarkets</li><li>Steps from Rhode Island Avenue Corridor and Minutes to the Brookland-CUA Metro Station</li><li>Strong Foot Traffic and Connectivity to Dow
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NOI
$80,000
Cap Rate
8.03%
DSCR
1.35
Strong
Cash-on-Cash
6.98%
Monthly Payment
$4,927.665
Annual Cash Flow
$20,868.025
