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Retail Space Near Trader Joe's
For Lease
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2425 L St NW, Washington, DC

Retail space available in Trader Joe’s anchored building.

Property Size3,241 SF
Lot Size2.30 Acres
Days on Market778

Property Features for 2425 L St NW

General Information

Standard status Active
Size 3,241 SF
Lot size 2.30 Acres
Property subtype RETAIL
Listing Agency: KLNB - Washington, D.C.
Listed By: Kelly Atkinson
Source: Moodyscre
Added: Jun 13, 2024 Changed: Jul 6 Last Checked: Jul 21 at 8:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KLNB - Washington, D.C.

Investment Insights

Based on property information with market context.

This 3,241 square foot second-generation retail space is available for lease in a building anchored by Trader Joe’s on 24th Street NW. The property is within a 10-minute walk of 19.1 million square feet of office space, 6,550 residential units, and 5,780 hotel keys. It is also walkable to George Washington University, with an enrollment of over 26,000 undergraduate and graduate students.

Key Highlights

  • Prime retail location in a Trader Joe’s anchored building on 24th Street NW.
  • High foot traffic area within a 10‑minute walk to significant office space (19.1M SF).
  • Close proximity to a large residential base (6,550 units).

Property Analytics

Current Use

WardManager, Inc. (Bike/Boat/Book/etc) Store NLA Salon Hair Salon Alpert Associates Consultant Metro Teleproductions, Inc. Film Production The Columbia Condominium Complex

Suggested Use

Top Pick Pet Grooming Service Butcher Fish Market (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

18,412
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 79% Hotels & Casinos 12% Dining 8% Apparel 1%
Barnes & Noble Shops & Services
43,241 visits/mo 0.5 miles
Paper Source Shops & Services
8,868 visits/mo 0.5 miles
Residence Inn by Marriott Washington, DC/Dupont Circle Hotels & Casinos
7,724 visits/mo 0.4 miles
Sprinkles Cupcakes Dining
7,215 visits/mo 0.5 miles
Truist Shops & Services
5,476 visits/mo 0.4 miles

Market

Lease Benchmarks for Washington, DC

$41.4 /SF/Yr
Avg Asking Price
$3.24–$110 /SF/Yr
Price Range
4,655 SF
Avg Space Size

This space is priced 9% above the average of $41.4 /SF/Yr.

Vacancy Rate% for Retail in Washington, DC

4.9% 2019
5.4% 2020
5.6% 2021
4.8% 2022
4.6% 2023
4.2% 2024
4.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Trader Joe’s anchored building.
Where is this retail space located?
The property is located at 2425 L St NW Washington, DC.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Prime retail location in a Trader Joe’s anchored building on 24th Street NW.; High foot traffic area within a 10‑minute walk to significant office space (19.1M SF).; Close proximity to a large residential base (6,550 units).
(202) 420-7762 Call to check price and availability
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