Investment Overview

This new construction build offers a buyer a two-level retail space with eleven-foot-high ceilings on the main level and nine-foot high ceilings on the lower level. Zoned MU-4, this retail space has floor-to-ceiling windows, separate egress from the forty-three unit multifamily building above these units and a separate entrance to main lobby of the apartment building. There are two 2,300 SF condo units For Sale and each unit will be delivered as a cold dark shell. There is also an option to purchase parking spaces in the rear of the building that are each separately deeded. This condo would be ideal for a User seeking to purchase a retail space in a luxury condominium building on a busy corridor with a daily traffic count of 20,970 automobiles. This space could also be ideal for an Investor seeking to own a commercial retail asset and achieve a 6.00% CAP rate or higher. The Heritage DC is located on a major commuter corridor of the Woodridge NE subdivision. Woodridge is experiencing an urban renaissance of unprecedented proportions mainly due to the revitalization of the Rhode Island corridor. Designated as a "Great Street" (www.greatstreets.dc.go,), the Rhode Island corridor serves as a major commuter corridor between downtown DC and the Maryland suburbs. This property is within close proximity to Dakota Crossing, The Shops at Rhode Island Avenue, Rhode Island Avenue metro are within 1.5 miles. This new construction build offers a buyer a two-level retail space with eleven-foot-high ceilings on the main level and nine-foot high ceilings on the lower level. Zoned MU-4, this retail space has floor-to-ceiling windows, separate egress from the forty-three unit multifamily building above these units and a separate entrance to main lobby of the apartment building. There are two 2,300 SF condo units For Sale and each unit will be delivered as a cold dark shell. There is also an option to purchase parking spaces in the rear of the building that are each separately deeded. This condo would be ideal for a User seeking to purchase a retail space in a luxury condominium building on a busy corridor with a daily traffic count of 20,970 automobiles. This space could also be ideal for an Investor seeking to own a commercial retail asset and achieve a 6.00% CAP rate or higher. The Heritage DC is located on a major commuter corridor of the Woodridge NE subdivision. Woodridge is experiencing an urban renaissance of unprecedented proportions mainly due to the revitalization of the Rhode Island corridor. Designated as a "Great Street" (www.greatstreets.dc.go,), the Rhode Island corridor serves as a major commuter corridor between downtown DC and the Maryland suburbs. This property is within close proximity to Dakota Crossing, The Shops at Rhode Island Avenue, Rhode Island Avenue metro are within 1.5 miles