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740 5th Street NW, Washington, DC 20001

Walkable Chinatown location near Gallery Place Metro, Capital One Arena, and the Walter E. Washington Convention Center.

Space Size7,382 SF
Days on Market96

Property Features for 740 5th Street NW

General Information

Standard status Active
Size 7,382 SF
Net Rentable 7,382 SF
Property subtype Retail

Space & Availability

Available Space 7,382 SF
Contiguous Space 7,382 SF
Space Use Restaurant
Available From Immediate
Listed By: Jared Meier
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Sep 5 at 3:58AM

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 Jared Meier

Investment Insights

Based on property information with market context.

Restaurant space totaling 7,382 SF is available immediately at 740 5th Street NW. The offering is positioned for continued restaurant use within an established commercial setting in Chinatown.

Gallery Place Metro is approximately 0.2 miles away, with access to the Yellow, Green, and Red lines. Capital One Arena, the Walter E. Washington Convention Center, and the National Building Museum are within walking distance. Multiple international hotel operators are nearby, and the surrounding restaurant mix includes The Smith, Daikaya, ChopHouse + Brewery, Truluck’s, Knead Hospitality, and Clyde’s. The property carries a Walk Score of 98, classified as a Walker’s Paradise.

Key Highlights

  • 7,382 SF of restaurant space available immediately
  • Chinatown location at 740 5th Street NW
  • Approximately 0.2 miles from Gallery Place Metro

Property Analytics

Current Use

Market To Market Food Market Washington DC Apartment Hotel & Motel

Suggested Use

Top Pick Butcher Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Auto Parts Store Tattoo & Piercing Shop

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

11,437
Businesses Nearby
112k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 43% Groceries 25% Shops & Services 23% Dining 9%
Safeway Groceries
28,133 visits/mo 0.3 miles
Washington Marriott At Metro Center Hotels & Casinos
24,363 visits/mo 0.5 miles
TD Bank Shops & Services
11,904 visits/mo 0.2 miles
Hampton Inn Washington Downtown Convention Center Hotels & Casinos
6,622 visits/mo 0.2 miles
HSBC Shops & Services
6,258 visits/mo 0.2 miles

Demographics for 20001, DC

49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Walkable Chinatown location near Gallery Place Metro, Capital One Arena, and the Walter E. Washington Convention Center.
Where is this conventional restaurant located?
The property is located at 740 5th Street NW Washington, DC.
What are key features of this property?
This property features: 7,382 SF of restaurant space available immediately; Chinatown location at 740 5th Street NW; Approximately 0.2 miles from Gallery Place Metro
More about this property
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