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Retail Space in Union Market
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440 Penn St NE, Washington, DC

Retail space available in the thriving Union Market District.

Space Size6,210 SF
Lot Size0.86 Acres
Days on Market1372

Property Features for 440 Penn St NE

General Information

Standard status Active
Size 6,210 SF
Lot size 0.86 Acres
Property subtype RETAIL

Spaces For Lease

at 440 Penn St NE
440 Penn St NE AVAILABLE, Now
Floor 1
Size 6,210 SF
Type RETAIL
Rate Contact for pricing
Sublease No
Pioneering vision is the driving force behind Union Market District, an historically relevant neighborhood of sights, sounds and tastes that continues to thrive today. Expanding beyond its origins as a food market to include shopping, dining, arts, entertainment and community events year-round, Union Market District is a discovery destination—a place for creative enterprise and authentic experiences. More than 35 independent merchants and purveyors of food and drink operate within Union Market proper, alongside a unique mix of small businesses, nationally recognized retail brands and highly rated restaurants located throughout the District. La Cosecha, a contemporary Latin American marketplace and culinary embassy located in the District, is designed for community and conversation—carried by a philanthropic mission to foster business education throughout Latin America. An open-air rooftop bar and green space with stunning 360-degree city views distinguishes Union Market District as a destination like no other.
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Listing Agency: Edens - Corporate
Listed By: Laura Bellantoni
Source: Moodyscre
Added: Jan 13, 2023 Changed: Oct 7 Last Checked: Oct 15 at 2:43AM

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 Edens - Corporate

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Investment Insights

Based on property information with market context.

Located in the historically relevant Union Market District, this retail space offers 6210 square feet. The Union Market District is known for its diverse offerings, including shopping, dining, arts, entertainment, and community events. Union Market itself hosts more than 35 independent merchants and purveyors of food and drink, alongside a mix of small businesses, nationally recognized retail brands, and highly rated restaurants. The district also features La Cosecha, a Latin American marketplace designed for community and conversation with a philanthropic mission to foster business education throughout Latin America. An open-air rooftop bar and green space with 360-degree city views further distinguishes the Union Market District.

Key Highlights

  • Located in the thriving Union Market District, a hub for shopping, dining, arts, and entertainment.
  • Features over 35 independent food and drink merchants within Union Market.
  • Includes La Cosecha, a contemporary Latin American marketplace and culinary embassy.

Property Analytics

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Current Use

Shell Recharge Charging ... Electric Vehicle Charging Station F1 Arcade Bar & Pub Aura Studio Designs Marketing & Advertising The MO Apartments Apartment Complex

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

2,255
Businesses Nearby
108k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 49% Dining 34% Shops & Services 18%
The Morrow Washington Dc, Curio Collection By Hilton Hotels & Casinos
25,013 visits/mo 0.4 miles
McDonald's Dining
23,826 visits/mo 0.5 miles
Courtyard Washington, Dc/U.S. Capitol Hotels & Casinos
19,090 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
11,984 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,152 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Washington, DC

$37.96 /SF/Yr
Avg Asking Price
$3.24–$81.96 /SF/Yr
Price Range
6,291 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in the thriving Union Market District.
Where is this retail space located?
The property is located at 440 Penn St NE Washington, DC.
What are key features of this property?
This property features: Located in the thriving Union Market District, a hub for shopping, dining, arts, and entertainment.; Features over 35 independent food and drink merchants within Union Market.; Includes La Cosecha, a contemporary Latin American marketplace and culinary embassy.
(202) 763-7213 Call to check price and availability
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