1132 19Th StWashington, DC 20036

Exceptional investment opportunity: Casa De Montecristo, a thriving bar located at 1132 19th St NW, Washington, DC 20036, offers a fee simple ownership of land and building (APN 0117 0872). This 6,900 square foot, three-story establishment boasts a 6.25% cap rate and a strong NOI of $361,694. The property features a corporate-guaranteed NNN lease with a remaining term of approximately 9.4 years, expiring March 31, 2034, with two 5-year lease options. Built in 1928 and extensively renovated in 1984, 2016, and 2018, the property includes a massive air exchange and air filtration system added in 2018. The lease includes 3% annual rent increases commencing April 2027. Situated in a prime Dupont Circle location, this bar benefits from proximity to significant office space (33 million square feet), a large daytime workforce (85,000), and four nearby Metro stations. The 0.04-acre lot offers a unique investment opportunity in a high-traffic area. The building's tax advantages include $4.3 million of depreciable building acquisition cost. This is one of only six establishments in DC that allows smoking, adding to its unique appeal. The asking price is $5,787,000.