Greysteel Retained as a Exclusive Advisor and Agent for the Sale of a Two-Property, Retail Condominium in Dupont Circle, Washington, D.C.

3/20/18

Lauren McCormack

Greysteel, a national commercial real estate investment services firm, has been named exclusive advisor and agent for the sale of 2100 P Street NW, a two-unit retail condominium located on the street level of a building located in Dupont Circle, Washington, D.C.

Greysteel Senior Investment Associate, Benjamin W. Wilson and Investment Associate, Lauren McCormack of the firm’s Washington, D.C. Commercial and Mixed-Use team are marketing the Property.

This Property, situated at the Southwest corner of 21st and P Streets NW, is a one-story, one-floor retail condominium with 2,681 rentable square feet and is located just over a block west of Dupont Circle and the Metro Station. Considered the heart of the city by many,Dupont Circle is among Washington, D.C.’s most well-known neighborhoods, commanding some of the highest retail rental rates in the city. Dupont Circle has also historically served as one of the city’s primary hubs for cultural events, entertainment, shopping and dining out.

“2100 P Street NW is to be delivered vacant, operational turnkey restaurant space, ideal for a new concept or as a value-add investment opportunity” said Ms. McCormack. “With the Property’s excellent street frontage, strong foot traffic and a Starbucks across the street, the zoning, size of the space and location make this space suitable for a wide range of potential uses but ideal for a restaurant.”

About Greysteel:

Greysteel is a commercial real estate and capital markets services firm with 11 offices located in New York, NY; Los Angeles, CA; Dallas, TX; Fort Worth, TX; Washington, D.C.; Philadelphia, PA; Phoenix, AZ; Denver, CO; Baltimore, MD and Norfolk, VA. Greysteel serves and advises private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets. www.greysteel.com

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