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    2425 L St NW Washington, DC 20037

    For Lease
    $45 SF/Yr ($12,153 /Mo)

    Retail space available in Trader Joe’s anchored building.

    Property size:
    3,241 SF
    Lot size:
    2.30 Acres

    Property Features for 2425 L St NW

    General Information

    Size
    3,241 SF
    Lot size
    2.30 Acres

    Source: KLNB - Washington, D.C. Agent Kelly Atkinson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Trader Joe's

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    WardManager, Inc. Software Company NLA Salon Beauty Salon Alpert Associates Consultant Metro Teleproductions, Inc. Video Editing Service The Columbia Condominium Complex

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0523552
    Latitude
    38.9042462

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    FAQs

    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) 375-7500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2425 L St NW Washington, DC 20037
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