Listing Agency: Federal Realty Investment Trust - Corporate Show Phone

Listed By: Joseph "Joe" Byrnes

Source: Moodyscre

Added: Dec 18, 2023 Changed: Jul 28 Last Checked: Jul 29 at 12:40PM

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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 Federal Realty Investment Trust - Corporate

Investment Insights

Based on property information with market context.

Friendship Center offers a retail setting with established tenants including DSW, Marshalls, Maggiano's, and Nordstrom Rack. This listing is for a storefront retail space available within the center.

Located at 5333 Wisconsin Ave NW in Washington, DC, the property is just a few steps from the Friendship Heights Metro station. The surrounding trade area is supported by an estimated 180,000 residents within a 3-mile radius, with an average household income of approximately $190,000.

Ideal for retailers seeking space within a larger, multi-tenant shopping center, the center’s existing tenant mix provides a ready-made draw for foot traffic generated by nearby transit and destination retail.

Key Highlights

• Storefront retail space available at Friendship Center in Washington, DC
• Located a few steps from the Friendship Heights Metro station
• 3‑mile population of approximately 180,000 with average household income of $190,000

Property Analytics

Current Use

Friendship Center Shopping Center & Mall Dopamine Land : A Multisensory ... Museum Federal Realty Property Management Company Marshalls Department Store DressCode DC Clothing & Fashion Store

Suggested Use

Top Pick Big Box & Wholesale Store Barber Shop Electrical Service Food Market Grocery & Convenience Store Hair Salon

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

4,672

Businesses Nearby

109k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 64% Shops & Services 21% Dining 15%

Bloomingdale's Apparel

30,293 visits/mo 0.2 miles

Marshalls Apparel

18,921 visits/mo 0.1 miles

Saks Fifth Avenue Apparel

15,456 visits/mo 0.4 miles

Starbucks Dining

10,839 visits/mo 0.3 miles

Chipotle Mexican Grill Dining

5,897 visits/mo 0.3 miles

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

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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Similar Off Market Nearby

• Friendship Center — 5333 Wisconsin Ave NW, Washington, DC 20015
• Chevy Chase Pavilion — 5335 Wisconsin Ave NW, Washington, DC 20015
• The Shops at Wisconsin Place — 5310 Western Ave NW, Chevy Chase, MD 20815
• Chevy Chase Metro Center — 5252 Wisconsin Ave, Washington, DC 20015
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Frequently Asked Questions

What type of property is this?

Shopping center - Storefront retail space available in Friendship Center near the Friendship Heights Metro station.

Where is this shopping center located?

The property is located at 5333 Wisconsin Ave NW Washington, DC.

What are key features of this property?

This property features: Storefront retail space available at Friendship Center in Washington, DC; Located a few steps from the Friendship Heights Metro station; 3‑mile population of approximately 180,000 with average household income of $190,000