Double-Height Street Retail
For Lease
Contact for pricing
5300 Wisconsin Ave NW, Washington, DC 20015
New double-height street level retail will deliver 20,000 SF, with 70,000 SF concourse retail and shared 820-space parking.
Space Size10,051 SF
Days on Market1391
Property Features for 5300 Wisconsin Ave NW
General Information
Standard status
Active
Size
10,051 SF
Total Parking Spaces
820
Property subtype
RETAIL
Site & Location
Neighborhood
Northwest
Additional Details
Business Included
No
Multifamily Units
330
Spaces For Lease
at 5300 Wisconsin Ave NW
Mazza Gallerie
AVAILABLE, Now
Floor
1
Size
10,051 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- The building above the ground level will be demolished and the new property will deliver 20,000 SF of modern double height street level retail, while preserving the concourse retail level of 70,000 SF and 820 space parking garage
- The new residential building will feature 330 apartments
- The project features over 500’ of street frontage on Wisconsin Avenue, NW
- Mazza Gallerie features access to the Friendship Heights Metro station on the Red Line with average weekday ridership of 7,800 people
- The existing garage will be reconfigured to facilitate easy access to parking, retail and residential including a new dedicated retail elevator lobby for concourse anchors
- Market – Friendship Heights, DC
- Friendship Heights is located at the intersection of Wisconsin Avenue, NW and Western Avenue, NW along the border of Washington, DC and Chevy Chase, Montgomery County, Maryland
- The trade area features some of the highest income zip codes in the United States
- The submarket boasts over 3.7M sf of office space
- The area features luxury high rise apartments, condominiums and stately single family homes Timing
- Construction start: Q4 2022
- Shell construction delivery: Q1 2024
- Apartment lease-up commencement: Q2 2024
- Substantial completion: Q3 2024
Contact us
Listing Agency:
H&R Retail - Washington, DC
(301) 656-3030
Listed By:
Bradley Buslik
(240) 482-3609
Source:
Moodyscre
Added: Jan 6, 2023
Changed: Oct 25
Last Checked: Oct 28 at 10:14AM
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 H&R Retail - Washington, DC
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Investment Insights
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The project will deliver modern double-height street level retail totaling 20,000 SF, with the existing 70,000 SF concourse retail level preserved. The development also includes a new residential building featuring 330 apartments, with parking provided by an existing 820-space garage that will be reconfigured to support convenient access to parking, retail, and residential uses. A new dedicated retail elevator lobby will be added for concourse anchors.
The property is located on Wisconsin Avenue, NW in Friendship Heights at the intersection of Wisconsin Avenue, NW and Western Avenue, NW. The asset features over 500 feet of street frontage on Wisconsin Avenue, and Mazza Gallerie provides access to the Friendship Heights Metro station on the Red Line, with average weekday ridership of 7,800 people.
Construction is scheduled to begin in Q4 2022, with shell delivery in Q1 2024, apartment lease-up commencement in Q2 2024, and substantial completion in Q3 2024.
The property is located on Wisconsin Avenue, NW in Friendship Heights at the intersection of Wisconsin Avenue, NW and Western Avenue, NW. The asset features over 500 feet of street frontage on Wisconsin Avenue, and Mazza Gallerie provides access to the Friendship Heights Metro station on the Red Line, with average weekday ridership of 7,800 people.
Construction is scheduled to begin in Q4 2022, with shell delivery in Q1 2024, apartment lease-up commencement in Q2 2024, and substantial completion in Q3 2024.
Key Highlights
- Planned new construction will deliver 20,000 SF modern double‑height street level retail
- Preserves 70,000 SF concourse retail plus a shared 820‑space parking garage
- New residential building planned for 330 apartments
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
330
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,474
Businesses Nearby
Explore this area
Business Placement
Demographics for 20015, DC
16,628
Population
6,727
Households
2.5
Avg Household Size
45
Median Age
86%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
4,751
Density / Sq Mi
$250,001
Median Household Income
$152,430
Median Earnings
$2,088
Median Rent
$1,208,700
Median Home Value
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Market
Lease Benchmarks for Washington, DC
$33.95 /SF/Yr
Avg Asking Price
$28.58–$48.45 /SF/Yr
Price Range
7,380 SF
Avg Space Size
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - New double-height street level retail will deliver 20,000 SF, with 70,000 SF concourse retail and shared 820-space parking.
Where is this mixed-use property located?
The property is located at 5300 Wisconsin Ave NW Washington, DC.
What are key features of this property?
This property features: Planned new construction will deliver 20,000 SF modern double‑height street level retail; Preserves 70,000 SF concourse retail plus a shared 820‑space parking garage; New residential building planned for 330 apartments
