For Sale
$3,000,000

4422 Georgia Ave Washington, DC 20011

Prime DC Retail Space - For Sale/Lease

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 4,626 square foot retail property, located at 4422-4424 Georgia Avenue NW in Washington, DC 20011, presents a unique investment and/or leasing opportunity. Situated on a signalized corner lot, this two-level space boasts high visibility to approximately 26,000 vehicles daily. The property is currently vacant and offers direct street access within a mixed-use building. The asking price is $3,000,000, and lease terms are NNN. Rental rates are $40 per square foot (NNN) for the street level and $25 per square foot (NNN) for the lower level, with a total NNN expense of $5.33 per square foot. The property's ideal location, just minutes from the Georgia Ave-Petworth Metro Station and a Safeway, ensures high pedestrian and vehicular traffic. The surrounding area boasts a substantial population of 179,207 with an average household income of $190,448, creating a strong market for retail businesses. The property owner is open to providing a construction allowance or even building out the space to suit a tenant's specific needs. This makes it an excellent fit for a variety of uses, including coffee shops, medical practices, urgent care facilities, dental offices, daycares, day spas, or home design stores. Don't miss this chance to secure a prime retail location in a thriving Washington, DC neighborhood.

Highlights

  • 4,626 SF retail property at 4422-4424 Georgia Ave NW, Washington, DC 20011.
  • Signalized corner lot with high visibility (26,000 vehicles daily).
  • Vacant, two-level space with direct street access in a mixed-use building.
  • Asking price: $3,000,000; NNN lease terms; $40/SF (NNN) street level, $25/SF (NNN) lower level; $5.33/SF total NNN expenses.
  • Prime location near Georgia Ave-Petworth Metro & Safeway, strong demographics (179,207 population, $190,448 avg. household income).
  • Owner offers tenant improvement allowances and build-to-suit options.

Property Details for 4422 Georgia Ave

Property type
Retail properties, Land
Square Feet
4,626 SF

Location Insight

City
Washington
County
City of Washington
State
District of Columbia
Latitude
38.9448617
Longitude
-77.026512

FAQs

What type of property is this?
Retail property - Prime DC Retail Space - For Sale/Lease
Where is the retail property located?
The property is located at 4422 Georgia Ave Washington, DC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 4,626 SF retail property at 4422-4424 Georgia Ave NW, Washington, DC 20011.; Signalized corner lot with high visibility (26,000 vehicles daily).; Vacant, two-level space with direct street access in a mixed-use building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4422 Georgia Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message