3122 M Street NW

Highlights

• Single tenant NNN lease with Smoothie King corporate guaranty
• Substantially below market lease with +/- 8 years remaining and 2.5% increases per year, including their one 5-year option period
• Exceptional neighborhood tenants including Patagonia, Apple, Rag & Bone, Levain Bakery, Capital One, PNC, and Chase Bank
• Fully built out by tenant, demonstrating commitment to the Georgetown Submarket which is one of the most highly sought after retail corridors in the Nation
• Unmatched demographics with a dense population base of 8,278 residents earning $225,000+ in Average Household Income within a half-mile. Daytime population triples to 23,290+
• Tremendous tourist destination with 12.7 million visitors to Georgetown in 2022