For Lease
$540/SF/YR

3619 Georgia Ave Washington, DC 20010

Prime DC retail storefront, 2,363 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 2,363-square-foot retail storefront, located at 3619 Georgia Ave NW in Washington, DC, 20010, presents a unique investment opportunity. Built in 2022, this single-tenant space is zoned COMMERCIAL-RETAIL and boasts a prime location on a high-traffic corridor, just one block from the Petworth Metro station. The property features significant foot and vehicle traffic, ensuring maximum visibility for your business. The space is divided into an upper level (1,658 sq ft) and a lower level (705 sq ft), offering flexibility for various retail concepts. Lease rates are $45 per square foot NNN for the upper level and $30 per square foot NNN for the lower level. Alternatively, the entire property is available for purchase at $1.4 million. The property benefits from its proximity to numerous national retailers, including Marshalls, Target, CVS, Best Buy, Safeway, and Giant, further enhancing its appeal and potential for success. This vibrant location is surrounded by a community of approximately 75,000 residents within a one-mile radius. The property's design includes expansive floor-to-ceiling windows, maximizing natural light and showcasing your business to passersby. This presents a compelling investment opportunity with a projected monthly net income of $7,980 and a 6.8% capitalization rate.

Highlights

  • Brand new construction.
  • High foot and vehicle traffic counts.
  • Prominent location on a major thoroughfare.
  • One block from the Petworth Metro station.
  • Nearby national retailers.

Property Details for 3619 Georgia Ave

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
2,363 SF
Year Built
2022

Unit(s) available at that property

Space
Size
2,363 SF
Rate per SF
$540

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.935250684706
Longitude
-77.02385790717

FAQs

What type of property is this?
Retail property - Prime DC retail storefront, 2,363 sq ft.
Where is the retail property located?
The property is located at 3619 Georgia Ave Washington, DC.
What is the lease rate?
The lease rate is $540/SF/YR.
What are key features of this property?
This property features: Brand new construction.; High foot and vehicle traffic counts.; Prominent location on a major thoroughfare.
How can I contact the broker?
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3619 Georgia Ave
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