Turton Commercial Real Estate is pleased to offer 2012 K Street (herein referenced as “the Property”) for sale or lease in the heart of Midtown’s most vibrant retail and entertainment corridor. The Property provides best in class retail and office opportunities with ± 5,435 SF of first floor retail, including one available ± 4,162 SF second generation retail suite and one recently leased ± 1,273 SF “back of house” warehouse space with a roll up door accessing the K Street/L Street alley.

The Property is being offered for sale at $3,300,000 indicative of pricing equivalent to approximately $258 per SF and a pro-forma 7.3% capitalization rate. This offering creates the unique opportunity for an owner-user to purchase the asset and control their own real estate, all while growing their business from occupancy of the second floor office space. An owner-user Buyer could occupy a portion or all of the Property for their own business and lease out any unutilized square footage to create an income generating investment.