1519 Wisconsin Avenue Update 06/02/22

Georgetown Retail Building Sells For $5.7M

The retail property located at 1519 Wisconsin Avenue sold for $5.7M on May 29th. The property was purchased by JG Realty Group, a DC-based development and investment firm.

From ad: "The building has three tenants on 100% NNN leases 3% Annual rent increases for all tenants Located within walking distance of Georgetown University Long-Term Track record of fully stabilized Performance – A reliable income producer Highly affluent Georgetown residential and shopping area Strategically positioned on Wisconsin Ave NW (33,000 VPD) in the Georgetown submarket of Washington D.C."

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