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1406 Florida Ave NW 1,000 SF of Retail Space Available in Washington, DC 20009
HIGHLIGHTS
- Stand Alone Building
- Hood and Vent System
- High Ceilings
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,000 SF | 12’ | 5 Years | $104.64 CAD/SF/YR $8.72 CAD/SF/MO $104,640 CAD/YR $8,720 CAD/MO | Triple Net (NNN) |
1st Floor
Prime Restaurant Space for Lease, Turnkey former restaurant in the heart of the thriving 14th & U Streets Corridor. Features include expansive high ceilings, open dining area, equipped kitchen with hood/vent system, and potential for outdoor seating. Just blocks from the Metro and popular spots like Maydan, Tatte, and Michelin-starred restaurants such as Jont and Bresca. The area is booming with new retail openings, residential developments, and events like Bike to Work Day. With over 97,000 residents within a mile and future growth from the Reeves Center redevelopment, this location is a prime opportunity for retail or restaurant use.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Finished Ceilings: 12’
- High Ceilings, Hood and Vent, Open Plan
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,000 SF | Gross Leasable Area | 1,000 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,000 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Prime Space, Turnkey former restaurant in the heart of the thriving 14th & U Streets Corridor. Features include expansive high ceilings, open dining area, with partially equipped kitchen with hood/vent system, with potential for outdoor seating. Just blocks from the Metro and popular spots like Maydan, Tatte, and Michelin-starred restaurants such as Jont and Bresca. The area is booming with new retail openings, residential developments, and events like Bike to Work Day and Jazz in the Park. With over 97,000 residents within a mile and future growth from the Reeves Center redevelopment, this location is a prime opportunity for retail or restaurant use.
NEARBY MAJOR RETAILERS
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1406 Florida Ave NW
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