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Retail Space in Vibrant Neighborhood
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318 Riggs Road NE, Washington, DC 20011

Retail space at the base of residential units and Walmart.

Space Size3,870 SF
Days on Market1795

Property Features for 318 Riggs Road NE

General Information

Standard status Active
Size 3,870 SF
Property subtype Retail, Restaurant

Building Details

Building Size 3,870 SF
Tenancy Multiple

Spaces For Lease

at 318 Riggs Road NE Contact us

Available space

Size
3,870 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Segall Group
Listed By: Bryan Spund · License #VA
Source: Crexi
Added: Oct 1, 2021 Changed: Aug 10 Last Checked: Aug 29 at 2:58AM

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 Segall Group

Investment Insights

Based on property information with market context.

This retail space is strategically located at the corner of Riggs Road NE and South Dakota Avenue NE in one of Washington, DC’s vibrant neighborhoods. The property is situated at the base of 250 modern residential units and is anchored by a 120,000 square foot urban-format Walmart. Dedicated retail parking spaces are available. The location is near future mixed-use projects such as Fort Totten South and the highly publicized Art Place at Fort Totten.

Key Highlights

  • Located at the base of 250 modern residential units.
  • Anchored by a 120,000 SF urban‑format Walmart.
  • Dedicated retail parking spaces available.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply

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

918
Businesses Nearby
230k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 49% Groceries 20% Dining 16% Shops & Services 16%
Walmart Superstores
111,846 visits/mo 0.0 miles
Giant Groceries
44,927 visits/mo 0.5 miles
Chick-fil-A Dining
34,708 visits/mo 0.1 miles
7-Eleven Shops & Services
12,558 visits/mo 0.2 miles
7-Eleven Shops & Services
9,409 visits/mo 0.3 miles

Demographics for 20011, DC

67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value

Market

Lease Benchmarks for Washington, DC

$37.87 /SF/Yr
Avg Asking Price
$3.24–$109 /SF/Yr
Price Range
9,250 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space at the base of residential units and Walmart.
Where is this retail space located?
The property is located at 318 Riggs Road NE Washington, DC.
What are key features of this property?
This property features: Located at the base of 250 modern residential units.; Anchored by a 120,000 SF urban‑format Walmart.; Dedicated retail parking spaces available.
More about this property
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