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Space Available For Lease 2
Retail |
Exceptionally strong retail site for lease on MacArthur Boulevard, on the border of Georgetown and surrounded by some of the best economic demographics in the city. This large retail space can be divided (1,100 s.f. per side), with a Certificate of Occupancy for retail as well as a cafe, on a street that sees strong traffic day, evening and weekends. |
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This space currently has a Certificate of Occupancy as a cafe (no cafe equipment remains), but could easily be converted to retail. Exceptionally strong retail site for lease on MacArthur Boulevard, on the border of Georgetown and surrounded by some of the best economic demographics in the city. This large retail space can be divided (1,100 s.f. per side), with a Certificate of Occupancy for retail as well as a cafe, on a street that sees strong traffic day, evening and weekends. |
Contacts
Ken Johnson
Willard Retail
Broker
Property Details
- Property Type Retail
- Property Size 4,348 SF
- Lot Size 0.04 Acre
- # of Floors 4
- Property Tenancy Multi-Tenant
- Year Built 1979
- Year Renovated 2015
- Date Updated Feb 26, 2023
- Website www.citygriddc.com
Exceptionally strong retail site for lease on MacArthur Boulevard, on the border of Georgetown and surrounded by some of the best economic demographics in the city. This large retail space can be divided (1,100 s.f. per side), with a Certificate of Occupancy for retail as well as a cafe, on a street that sees strong traffic day, evening and weekends.
MacArthur Boulevard is a well traveled corridor between Georgetown and Potomac, and the building sits at a signalized intersection and crosswalk, directly across from CVS and a new senior living center to be completed in 2024. The building has a history of long-term tenants, with Inga's clothing in its third decade. Neighbors Blacksalt and Lupo Verde draw large crowds, as do an array of retail services on the same block.
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Getting around
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Location
- City Washington, DC
- Neighborhood Palisades
- Zip Code 20007
- Market Washington DC Suburban Maryland
4828 Macarthur Blvd NW Listing Brief
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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.
4828 Macarthur Blvd NW is located in Palisades, which is home to a total of 1 listing(s). Retail space at 4828 Macarthur Blvd NW asks $60.00/SF/YR per square foot.
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The property includes 1,100 square feet of retail space for lease. Of this total, 1,100 square feet are Retail.
Lease agreement conditions for the availability at this property include Net.
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.
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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.
4828 Macarthur Blvd NW was last renovated in 2015.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Palisades is 38. The average household income here is $145,846 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