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Corner Retail Space with Patio
For Lease
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700 K St NW, Washington, DC 20001

Large corner retail suite offers patio space and ceiling heights up to approximately 19 feet.

Property Size13,869 SF
Days on Market976

Property Features for 700 K St NW

General Information

Standard status Active
Size 13,869 SF
Property subtype RETAIL
Listing Agency: CBRE | Washington DC
Listed By: Jared Meier
Source: Moodyscre
Added: Nov 28, 2023 Changed: Jul 25 Last Checked: Jul 30 at 9:51AM

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 CBRE | Washington DC

Investment Insights

Based on property information with market context.

This retail offering provides a total of 13,869 square feet of space with a corner configuration. The plan includes 4,830 square feet with approximately 19-foot ceiling heights and an additional 9,039 square feet with approximately 12.5-foot ceiling heights, plus an outdoor patio area of approximately 1,200 square feet for use with the premises.

The space is described as facing southeast from the convention center at 700 K St NW in Washington, DC. The property is available for lease and includes both interior sales area and an outdoor component.

As presented, the suite is well-suited for retailers seeking meaningful ceiling height and direct access to a dedicated patio area.

Key Highlights

  • Corner retail suite available in Washington, DC with 4,830 RSF
  • Up to approximately 19' ceiling heights in the suite
  • Inline space available at 9,039 RSF with approximately 12.5' ceiling heights

Property Analytics

Current Use

WeWork Office Space ... Coworking & Hybrid Office GRAYSON & COMPANY LLC Corporate Office Tacombi DC Restaurant Information Technology Industry Association / Organization Select Printing and Copying Marketing & Advertising

Suggested Use

Top Pick Spa & Massage Center (Bike/Boat/Book/etc) Store Acupuncture Home Appliance Store Florist Furniture & Home Goods

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

14,715
Businesses Nearby
169k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Hotels & Casinos 29% Dining 21% Shops & Services 17%
Safeway Groceries
28,133 visits/mo 0.2 miles
Giant Groceries
27,501 visits/mo 0.5 miles
McDonald's Dining
24,382 visits/mo 0.4 miles
Washington Marriott At Metro Center Hotels & Casinos
24,363 visits/mo 0.4 miles
TD Bank Shops & Services
11,904 visits/mo 0.1 miles

Demographics for 20001, DC

49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value

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

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 - Large corner retail suite offers patio space and ceiling heights up to approximately 19 feet.
Where is this retail space located?
The property is located at 700 K St NW Washington, DC.
What are key features of this property?
This property features: Corner retail suite available in Washington, DC with 4,830 RSF; Up to approximately 19' ceiling heights in the suite; Inline space available at 9,039 RSF with approximately 12.5' ceiling heights
(410) 963-5654 Call to check price and availability
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