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Retail Space in Growing Area
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753 8th St SE, Washington, DC 20003

Ground floor retail space in expanding Barracks Row area.

Space Size1,150 SF
Property Size5,119 SF
Days on Market775

Property Features for 753 8th St SE

General Information

Standard status Active
Size 1,150 SF
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 5,119 SF
Tenancy Single

Spaces For Lease

at 753 8th St SE Contact us

Available Space

Size
1,150 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Hana Realty & Investment
Listed By: Ui Chung · License #VA
Source: Crexi
Added: Jul 16, 2024 Changed: Aug 24 Last Checked: Aug 28 at 4:24PM

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 Hana Realty & Investment

Investment Insights

Based on property information with market context.

This commercial space, offering 1,150 square feet with an additional basement level, is located on the ground floor of a corner lot. Situated in a friendly neighborhood in Washington, DC, it presents a retail opportunity within the expanding Barracks Row, Navy Yard, and National Park area, which is experiencing rapid development and significant potential. The space is suitable for businesses such as an ethnic cafe, hair or nail salon, or other destination-focused businesses.

Key Highlights

  • Ground floor commercial space on a corner lot.
  • Located in the rapidly developing Barracks Row/Navy Yard/National Park area of Washington, DC.
  • 1,150 square feet of space plus a basement level.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hair Salon (Bike/Boat/Book/etc) Store Auto Parts Store Building Supply Electrical Service Nail 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
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,065
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 28% Hotels & Casinos 16% Home Improvements & Furnishings 4%
BP Shops & Services
9,147 visits/mo 0.2 miles
Courtyard Washington Capitol Hill/Navy Yard Hotels & Casinos
8,919 visits/mo 0.5 miles
Sunoco Shops & Services
8,371 visits/mo 0.4 miles
Jeni's Splendid Ice Creams Dining
6,636 visits/mo 0.1 miles
Exxon Shops & Services
6,608 visits/mo 0.3 miles

Demographics for 20003, DC

36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
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

This space is priced 45% above the average of $37.87 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail space in expanding Barracks Row area.
Where is this retail space located?
The property is located at 753 8th St SE Washington, DC.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Ground floor commercial space on a corner lot.; Located in the rapidly developing Barracks Row/Navy Yard/National Park area of Washington, DC.; 1,150 square feet of space plus a basement level.
More about this property
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