Contacts
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SRS Real Estate Partners
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SRS Real Estate Partners
Property Details
- Property Type Industrial
- Property Size 7,182 SF
- Lot Size 0.33 Acre
- Building Class C
- Year Built 1900
- Date Updated Feb 19, 2025
The tenant recently extended their lease an additional 3 years through July 2034 with 1 (5-year) option left to extend, demonstrating their commitment to the site
The lease features 3% annual rental increases throughout the initial term and options, growing NOI and hedging against inflation
The lease is NN with landlord being responsible for the property taxes, insurance, and maintenance
Tenant will reimburse landlord for taxes, insurance, and operating expenses; however, operating expenses shall not increase by more than 10% from the previous year
Tenant’s admin / management fees are not to exceed 5% of operating expenses
Landlord’s capital expenses shall be amortized over their useful life
The lease is guaranteed by GoBrands, Inc.
Founded in 2013, Gopuff is a leading, on-demand delivery service that specializes in delivering everyday essentials including snacks, beverages, cleaning products, over-the-counter medications, and more
Gopuff operates in more than 500 US cities, suburbs, and towns
The subject is 1 of 4 GoPuff locations servicing Washington D.C.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Washington, DC
- Neighborhood Anacostia
- Zip Code 20020
- Market Washington DC Suburban Maryland
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.