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    Rhode Island Ave Washington, DC 20018

    Sponsored
    For Lease
    Contact for pricing

    Prime DC Retail Opportunity: 4 Suites Available

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at Rhode Island Ave NE, Washington, DC 20018, offers 70,000 square feet of commercial space in a single-story building. Four individual suites are available, ranging from a minimum of 1,707 square feet to a maximum contiguous space of 4,643 square feet. A total of 10,988 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property boasts ample parking with 168 spaces available for customers and employees. Situated at the intersection of Rhode Island Avenue NE and Reed Street NE in the District of Columbia, this location provides excellent visibility and accessibility. The property's convenient location within the District of Columbia offers easy access to major transportation routes and a thriving local community. This is an ideal opportunity for businesses seeking a high-traffic location with substantial space options. The property is categorized as both Commercial and Retail, making it suitable for a wide range of businesses. The building's single-story design offers convenient access and efficient use of space. With its strategic location and flexible space options, this property represents a compelling investment opportunity in a dynamic and growing market. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.

    Property Features for 0 Rhode Island Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    1st Floor Suite 112S
    Size
    2,640 SF
    Space
    1st Floor Suite 103S
    Size
    1,998 SF
    Space
    Available Space 105N-106N
    Size
    4,643 SF
    Space
    Suite- 105S
    Size
    1,707 SF

    HighLights

    • 70,000 square feet of retail space in a premier Washington, D.C. mixed‑use development.
    • Retail spaces available from 1,513 to 16,792 square feet, offering flexible leasing options.
    • Excellent visibility and accessibility via Red Metro Line.
    • Convenient parking with a 168‑space on‑site garage and a nearby 221‑space Metro garage.
    • Prime location within three miles of Union Station, the White House, and the National Mall.
    • High visibility location on Rhode Island Avenue with approximately 34,000 cars passing daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -76.9807154
    Latitude
    38.9269402

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    FAQs

    What type of property is this?
    Retail property - Prime DC Retail Opportunity: 4 Suites Available
    Where is this retail property located?
    The property is located at Rhode Island Ave Washington, DC.
    What are key features of this property?
    This property features: 70,000 square feet of retail space in a premier Washington, D.C. mixed-use development.; Retail spaces available from 1,513 to 16,792 square feet, offering flexible leasing options.; Excellent visibility and accessibility via Red Metro Line.
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    Rhode Island Ave Washington, DC 20018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rhode Island Ave Washington, DC 20018
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