Pearson’s Wine and Spirits

$4,363,363.00

Address 2436 Wisconsin Ave NW,
Washington, DC
Tenant Pearson’s Wine and Spirits
Lease Term 15 years close of Escrow
Cap Rate 5.5%
NOI $240,000.00
Options 2- Five-year—periods
Category:

Description

 Pearson’s has been at establishment since 1933
 Strong traffic 29,816 VPD
 Close proximity to Georgetown Waterfront park,
Georgetown University, National Cathedral , national
tenants such as Chipotle, CVS , Dominoes and more .
 Excellent Cap Rate with annual rental increases to
hedge against inflation.
 Strong tenant with high net worth and store sales
 15 year NNN lease at close of escrow.

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