Listing Agency: KLNB - Washington, D.C. m***@klnb.com Show Phone

Listed By: Stephen "Steve" Combs

Source: Moodyscre

Added: Dec 6, 2022 Changed: Jul 10 Last Checked: Jul 21 at 5:00AM

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Investment Insights

Based on property information with market context.

This property offers up to 2,865 square feet of retail space in the Mt. Pleasant area. Previously occupied by a Bank of America and a Dollar Star, the location presents a large outdoor patio opportunity along Mt. Pleasant Street. The area benefits from a 7-day trade area, with a population of 245,493 and an employee base of 280,744 within a 10-mile radius.

Key Highlights

• Prime retail space in underserved submarket of Mt. Pleasant
• Large outdoor patio opportunity along Mt. Pleasant Street
• 7 Day Trade Area with 245,493 population

Property Analytics

Property Profile

Current Use

BHRT OptiRevive Medical Group

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Electrical Service Auto Parts Store Building Supply Accounting Firm

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

3,192

Businesses Nearby

167k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 48% Shops & Services 24% Electronics 17% Dining 12%

Giant Groceries

45,769 visits/mo 0.4 miles

7-Eleven Shops & Services

25,739 visits/mo 0.3 miles

Best Buy Electronics

23,961 visits/mo 0.2 miles

Safeway Groceries

17,478 visits/mo 0.4 miles

Harris Teeter Groceries

16,637 visits/mo 0.5 miles

Market

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

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Frequently Asked Questions

What type of property is this?

Bank - Retail space in Mt. Pleasant, Washington, DC.

Where is this bank located?

The property is located at 3131 Mt Pleasant St NW Washington, DC.

What are key features of this property?

This property features: Prime retail space in underserved submarket of Mt. Pleasant; Large outdoor patio opportunity along Mt. Pleasant Street; 7 Day Trade Area with 245,493 population