Retail
For Lease
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575 7th St NW, Washington, DC 20004
Retail space at 575 7th St NW totaling 5,099 SF in Washington, DC’s Penn Quarter/Terrell Place area.
Property Size5,099 SF
Days on Market1177
Property Features for 575 7th St NW
General Information
Standard status
Active
Size
5,099 SF
Property subtype
RETAIL
Listing Agency:
KLNB - Washington, D.C.
(202) 420-7768
Listed By:
Jennifer Price
Source:
Moodyscre
Added: May 11, 2023
Changed: Jul 29
Last Checked: Jul 29 at 6:15PM
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 KLNB - Washington, D.C.
Investment Insights
Based on property information with market context.
Retail space at 575 7th St NW in Washington, DC totals 5,099 SF, positioned for tenants seeking a central retail setting in the Penn Quarter area.
Penn Quarter is described as located north of Pennsylvania Avenue and east of DC’s central business district, with Terrell Place at the center of it all. The neighborhood is also described as anchored by Capitol One Arena and supported by a robust daytime population.
The property’s available space size makes it a straightforward option for retail operators looking to plant roots in a well-trafficked, established mixed-use area, close to prominent cultural and entertainment destinations referenced within the neighborhood description.
Penn Quarter is described as located north of Pennsylvania Avenue and east of DC’s central business district, with Terrell Place at the center of it all. The neighborhood is also described as anchored by Capitol One Arena and supported by a robust daytime population.
The property’s available space size makes it a straightforward option for retail operators looking to plant roots in a well-trafficked, established mixed-use area, close to prominent cultural and entertainment destinations referenced within the neighborhood description.
Key Highlights
- 5,099 SF retail space
- 575 7th St NW, Washington, DC 20004
- Located in Penn Quarter / Terrell Place
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
13,855
Businesses Nearby
121k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 30%
Dining 28%
Groceries 23%
Shops & Services 18%
Safeway
Groceries
28,133 visits/mo
0.5 miles
McDonald's
Dining
24,382 visits/mo
0.5 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.3 miles
TD Bank
Shops & Services
11,904 visits/mo
0.2 miles
Hampton Inn Washington Downtown Convention Center
Hotels & Casinos
6,622 visits/mo
0.3 miles
Demographics for 20004, DC
1,682
Population
1,593
Households
1.1
Avg Household Size
40
Median Age
95%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
8,410
Density / Sq Mi
$161,359
Median Household Income
$133,857
Median Earnings
$2,945
Median Rent
$650,700
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space at 575 7th St NW totaling 5,099 SF in Washington, DC’s Penn Quarter/Terrell Place area.
Where is this retail space located?
The property is located at 575 7th St NW Washington, DC.
What are key features of this property?
This property features: 5,099 SF retail space; 575 7th St NW, Washington, DC 20004; Located in Penn Quarter / Terrell Place
