The Offering

Summary

  • List Price Request for Offers
  • Gross Building Area 15,216 SF
  • Rentable Building Area 12,082 SF
  • Occupancy 24.95%
  • Lot Size 3,773 SF
  • Zoning MU-7B

Investment Summary

Feldman Ruel is pleased to offer for sale 1015 7th Street NW which presents a unique partial-user opportunity as it is situated directly across the street from the Walter E. Washington Convention Center. The subject property offers more than 6,000 square feet of second-generation restaurant space between the first level and finished sublevel — formerly home to Michelin-starred Kinship and Métier — along with nearly 3,000 square feet of vacant office space on the second level and a stabilized non-profit office tenant on the third level with more than four years remaining on an eight-year lease. The surrounding area generates extraordinary foot traffic, as the Walter E. Washington Convention Center and Capital One Arena (four blocks south) attract a combined four million visitors annually, supported by roughly 4,000 hotel rooms within a half-mile radius including more than 650 within three blocks of 1015 7th Street NW. The subject property benefits from exceptional pedestrian and transit access, boasting a transit score of 100, a walk score of 99, and a bike score of 97. The Mt. Vernon Sq–7th St–Convention Center Metrorail station serving the Green and Yellow Lines is just one block away and four other Metrorail Lines are accessible within six tenths of a mile.

Investment Highlights

• Directly Across from the Walter E. Washington Convention Center

• First Level & Sublevel Retail Unit Formerly Occupied by Michelin-Starred Kinship & Métier

• ~650 Hotel Rooms within Three Blocks | ~4,000 Hotel Rooms within One-Half Mile

• Four Blocks North of Capital One Arena | Home of the Capitals, Wizards, & More
• Less than One Mile from the White House, U.S. Capitol, National Mall, & Union Station

• Transit Score: 100, Rider’s Paradise | Walk Score: 99, Walker’s Paradise

• One Block from the Mt Vernon Square Metro Station Along the Green & Yellow Lines

• Five Metro Stations within 0.6 Miles with Access to the Red, Orange, Blue, Silver, Green & Yellow Lines

Listing Agents