Active
3619 Georgia NW
Washington DC, 20010
$1,350,000
$571.31 per sqft
Active
2,363 sqft
Commercial
Built in 2022
Prime Retail Space for Sale/Lease in Washington, DC!
For Lease: $50/15 Per SQFT NNN For Sale: $1.35 Million
Key Features:
Brand New Building!
Exceptional Foot/Vehicle Traffic
Frontage on a High-Traffic Corridor
One Block from Petworth METRO
Close Proximity to National Retailers
Total Rentable Space: 2,363 Sqft
Upper Level: 1,658 Sqft at $50/Sqft Plus NNN
Lower Level: 705 Sqft at $15/Sqft Plus NNN
Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity--a prestigious location at THE EXCHANGE in Washington, DC. This spacious 2,363 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision.
With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic location--truly prime real estate!
THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors.
This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $1,350,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $7,790, you can expect a remarkable 6.92% capitalization rate, ensuring a compelling return on your investment.
Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.
DCDC2153528
MLSⓇ ID
August 5, 2024
Listed
February 28, 2025
Updated
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Sewer
Public Sewer
Other Property Details
Taxes
$15,206
Tax Frequency
Annually
Days on Market
124
Garage
No
Parking
On Street
View
No
County
WASHINGTON
Water Source
Public
Listing History
Date | Event | Price |
---|---|---|
9/3/2024 | Price change | $1,350,000 -4% |
Listed by EXP Realty, LLC
Listing Contact: 3123307300
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/28/2025 at 7:57 PM UTC