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Retail Space with Dedicated Parking
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3524 Connecticut Ave NW, Washington, DC

Retail space with high visibility and dedicated parking spots.

Space Size8,592 SF
Lot Size0.08 Acres
Days on Market735

Property Features for 3524 Connecticut Ave NW

General Information

Standard status Active
Size 8,592 SF
Lot size 0.08 Acres
Property subtype RETAIL

Spaces For Lease

at 3524 Connecticut Ave NW Contact us

3524 Connecticut Ave NW $29/SF/Yr

Floor
Bldg
Size
8,592 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
Yes
- ±8,592 SF - High Visibility with Frontage on Connecticut Ave NW - 16 Dedicated...
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Listing Agency: Commercial Realty Advisors
Listed By: Steve Vallos
Source: Moodyscre
Added: Aug 9, 2024 Changed: Aug 8 Last Checked: Aug 12 at 9:49AM

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 Commercial Realty Advisors

Investment Insights

Based on property information with market context.

This retail space offers approximately 8,592 square feet of area. It features high visibility due to its frontage on Connecticut Avenue NW, which experiences an Average Annual Daily Traffic (AADT) count of 40,000. The property includes 16 dedicated parking spots. It is located approximately 150 feet from the Cleveland Park Metro Station. The master lease for this property expires on April 30, 2039.

Key Highlights

  • High Visibility with Frontage on Connecticut Ave NW
  • Steps away, ~150’ from the Cleveland Park Metro Station
  • Includes 16 Dedicated Parking Spots

Property Analytics

Current Use

Martha C. Anderson, ... Pharmacy Gregorina Campusano Pharmacy

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Building Supply Spa & Massage Center Electrical Service

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,127
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Beauty & Spa 17%
Exxon Shops & Services
15,099 visits/mo 0.1 miles
European Wax Center Beauty & Spa
2,990 visits/mo 0.2 miles

Market

Lease Benchmarks for Washington, DC

$41.7 /SF/Yr
Avg Asking Price
$3.24–$109 /SF/Yr
Price Range
9,660 SF
Avg Space Size

This space is priced 30% below the average of $41.7 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high visibility and dedicated parking spots.
Where is this retail space located?
The property is located at 3524 Connecticut Ave NW Washington, DC.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: High Visibility with Frontage on Connecticut Ave NW; Steps away, ~150’ from the Cleveland Park Metro Station; Includes 16 Dedicated Parking Spots
(336) 793-0890 Call to check price and availability
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