True
Space Available For Lease 1
First floor retail |
|
Contacts
Ken Johnson
Willard Retail
Broker
Property Details
- Property Type Retail
- Property Size 1,980 SF
- Lot Size 0.03 Acre
- # of Floors 2
- Average Floor Size 900 SF
- Parking Spaces Avail. 2
- Parking Ratio 1.01 / 1,000 SF
- Building Class B
- Year Built 1900
- Year Renovated 2000
- Date Updated Aug 19, 2022
- Website www.citygriddc.com
800 s.f. retail space available immediately one block from the Navy Yard / Ballpark Metro station. The building is one of the rare remaining historic buildings surrounded by new construction in the most densely populated neighborhood in Washington DC. The tenant has been in business for 20 years and is retiring, offering the unique opportunity to lease this small space with few other retail opportunities nearby. The area between M Street and Capitol Hill is nearly fully built out with residential towers, with high demand for retail services. Building also available for sale.
Located just 3 blocks from Nationals Park, ensuring many nights of high traffic each year, with many of the adjacent buildings offering no retail spaces. The site offers the opportunity for a front patio, ideal for a cafe. Tours by appointment only.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Ballpark
- Navy Yard Metro
Attachments
Getting around
-
94/100
Walk Score ®
-
82/100
Transit Score ®
-
97/100
Bike Score ®
Location
- City Washington, DC
- Neighborhood Navy Yard
- Zip Code 20003
- Market Washington DC Suburban Maryland
125 L St SE Listing Brief
-
A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
125 L St SE is located in Navy Yard, which is home to a total of 8 listing(s). The rent for retail space at 125 L St SE is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
-
The property includes 800 square feet of retail space for lease. Of this total, 800 square feet are Street Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
-
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
For car-travelling customers, 125 L St SE has a parking ratio of 1.01 / 1,000 SF, offering 2 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
125 L St SE was last renovated in 2000.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Navy Yard is 34. The average household income here is $141,280 per year.
In-Depth Research Available for this Property
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.
Contact Listing Broker
Ken Johnson
Willard Retail
Broker
