2016 P Street
2016 P Street
Use: Office / Retail
Lot Size: 6400 acres
Lease or Sale: Sale
Building Size: ±5,440 SF Sale Price: $1,550,000
The subject property is a 5,440 square foot multiple tenant office building. The property is on a 6,400 square parcel zoned C-2 and can accommodate a range of commercial applications for interested owner-users (who can occupy the 2nd floor space) or an investor who is looking for an income producing commercial property after re-tenanting the 2nd floor unit.
The building features an exciting Mid Century Modern façade with a floor to ceiling glass entrance and floating staircase to access the 2nd floor. The building is currently occupied with a tenant on the ground floor with two years of lease term remaining. The 2nd floor can be delivered vacant to accommodate an owner-user or incoming tenant.
The Mid Century Modern building has been greatly improved with a thorough renovation in 2008 featuring highly marketable floor plans and modern finishes. The quality of construction and the quality of improvements cannot be understated. In a market where cost of construction is at an all time high, 2016 P Street offers the opportunity to secure a plug and play building in Midtown.
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Use: Retail / Office / Restaurant
Lease or Sales: Lease
Leasable SF: 1,035 - 7,143 SF
Lease Rate: $1.50 - 3.25 SF/Month
Lot Size: 2.56 acres
Lease or Sales: Lease & Sale
Sale Price: $17,000,000