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Retail Space in Growing Neighborhood
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400 Florida Ave NE, Washington, DC

Retail space suitable for various businesses in a developing area.

Space Size2,327 SF
Lot Size0.20 Acres
Days on Market1344

Property Features for 400 Florida Ave NE

General Information

Standard status Active
Size 2,327 SF
Lot size 0.20 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 400 Florida Ave NE Contact us

400 Florida Ave NE $65/SF/Yr

Floor
1
Size
2,327 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Ideal Uses: Fast Casual Food, Retail, Service and Fitness - Vebting: Type I and...
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Listing Agency: Miller Walker Retail Real Estate
Listed By: Bill Miller
Source: Moodyscre
Added: Jan 4, 2023 Changed: Aug 9 Last Checked: Sep 8 at 7:03AM

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 Miller Walker Retail Real Estate

Investment Insights

Based on property information with market context.

This 2,327-square-foot retail space is suitable for fast-casual food, retail, service, and fitness businesses. Type I and Type II venting are available. The neighborhood currently features over 930 residential units and 66,500 square feet of retail space. As of December 2019, over 60 residential units, 214,000 square feet of office space, and 68,800 square feet of retail space were under construction. Planned developments include over 3,000 residential units, 500,000 square feet of office space, and 200,000 square feet of retail space. Gallaudet University is planning 1.5 million square feet of mixed-use development on four parcels along 6th Street as part of its 2022 Campus Plan, including 135,000 square feet of retail, 1,800 residential units, and education/office uses.

Key Highlights

  • High‑Density Development: Over 3,000 residential units, 500,000 SF of office space, and 200,000 SF of retail space planned.
  • Existing Strong Community: Over 930 existing residential units and 66,500 square feet of retail already present.
  • Gallaudet University Expansion: Planned 1.5 million SF mixed‑use development including 135,000 SF of retail and 1,800 residential units.

Property Analytics

Current Use

KoChix Chicken Restaurant Casa Apartment Building Camilo Rivera photographer Marketing & Advertising The Lanes at Union Market Apartment Complex

Suggested Use

Top Pick Dental Office Spa & Massage Center Nursing Home Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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
$9.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,778
Businesses Nearby
181k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 36% Dining 33% Shops & Services 27% Apparel 5%
McDonald's Dining
36,538 visits/mo 0.4 miles
Mobil Shops & Services
26,177 visits/mo 0.5 miles
The Morrow Washington Dc, Curio Collection By Hilton Hotels & Casinos
25,013 visits/mo 0.2 miles
Courtyard Washington, Dc/U.S. Capitol Hotels & Casinos
19,090 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
11,984 visits/mo 0.0 miles

Market

Lease Benchmarks for Washington, DC

$41.2 /SF/Yr
Avg Asking Price
$3.24–$81.96 /SF/Yr
Price Range
6,521 SF
Avg Space Size

This space is priced 58% above the average of $41.2 /SF/Yr.

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 suitable for various businesses in a developing area.
Where is this retail space located?
The property is located at 400 Florida Ave NE Washington, DC.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: High‑Density Development: Over 3,000 residential units, 500,000 SF of office space, and 200,000 SF of retail space planned.; Existing Strong Community: Over 930 existing residential units and 66,500 square feet of retail already present.; Gallaudet University Expansion: Planned 1.5 million SF mixed‑use development including 135,000 SF of retail and 1,800 residential units.
(202) 333-0339 Call to check price and availability
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