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Neighborhood Shopping Center Redevelopment
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5425 Wisconsin Ave, Chevy Chase, MD 20815

Redeveloped office and retail mix is directly adjacent to a Metro station with surface and underground parking options.

Space Size11,683 SF
Days on Market1110

Property Features for 5425 Wisconsin Ave

General Information

Standard status Active
Size 11,683 SF
Property subtype OFFICE
Lease Type Full Service

Amenities

Banking
Conferencing Facility
Fitness Center
Metro/Subway
Restaurant
urban parks

Spaces For Lease

at 5425 Wisconsin Ave
5425 Wisconsin Ave $52/SF/Yr
Floor 8
Size 11,683 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Banking, Conferencing Facility, Fitness Center, Metro/Subway, Restaurant - Complete redevelopment of one of the nation's most successful neighborhood shopping centers. Directly adjacent to Chevy Chase/Friendship Heights Metro station. Easy access from Maryland and D.C. with four points of entry to ample surface and underground parking. Wide pedestrian friendly streetscape with two exciting urban parks for public enjoyment. The redevelopment is a mix of Office and Retail space.The contact for retail space is Michele Cornwell of Chevy Chase Land Company. She can be reached at (301) 654-2690.
Contact us
Listing Agency: Cushman & Wakefield | Bethesda
Listed By: Kevin J. McGloon · License #4251
Source: Moodyscre
Added: Oct 19, 2023 Changed: Oct 25 Last Checked: Nov 1 at 6:03AM

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 Cushman & Wakefield | Bethesda

Rey
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Investment Insights

Based on property information with market context.

This redeveloped neighborhood shopping center includes a mix of office and retail space. The offering supports a range of uses and includes amenities described in the public remarks, such as banking, conferencing, fitness, restaurant, and a Metro/Subway connection.

The property is directly adjacent to the Chevy Chase/Friendship Heights Metro station, with easy access from Maryland and D.C. Four points of entry provide access to ample surface and underground parking. The redevelopment also features a wide, pedestrian-friendly streetscape and two urban parks for public enjoyment.

Interested parties should contact Michele Cornwell of Chevy Chase Land Company for the retail space.

Key Highlights

  • Redeveloped office and retail mix directly adjacent to the Chevy Chase/Friendship Heights Metro station.
  • Four points of entry with ample surface and underground parking options.
  • Property includes office and retail space following complete redevelopment of the shopping center.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Food Market Grocery & Convenience Store Barber Shop Big Box & Wholesale Store Electrical Service 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
$7.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,375
Businesses Nearby

Demographics for 20815, MD

31,517
Population
14,192
Households
2.2
Avg Household Size
46
Median Age
85%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,836
Density / Sq Mi
$198,243
Median Household Income
$106,711
Median Earnings
$2,408
Median Rent
$1,230,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Redeveloped office and retail mix is directly adjacent to a Metro station with surface and underground parking options.
Where is this office unit located?
The property is located at 5425 Wisconsin Ave Chevy Chase, MD.
What is the lease rate?
The lease rate is $52 SF/Yr.
What are key features of this property?
This property features: Redeveloped office and retail mix directly adjacent to the Chevy Chase/Friendship Heights Metro station.; Four points of entry with ample surface and underground parking options.; Property includes office and retail space following complete redevelopment of the shopping center.
(301) 634-8484 Call to check price and availability
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