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Prime Retail Space on Georgia
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5413 Georgia Ave NW, Washington, DC 20011

Renovated retail space with high visibility on Georgia Avenue.

Space Size3,000 SF
Days on Market799

Property Features for 5413 Georgia Ave NW

General Information

Standard status Active
Size 3,000 SF
Class B
Property subtype Retail

Building Details

Building Size 3,000 SF
Year Built 1923
Tenancy Single

Spaces For Lease

at 5413 Georgia Ave NW Contact us

1st Floor & Lower Level

Size
3,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc DC Regional Office
Listed By: Shadi Ayyoubi · License #DC
Source: Crexi
Added: Jun 5, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:28AM

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 Divaris Real Estate Inc DC Regional Office

Investment Insights

Based on property information with market context.

The property at 5413 Georgia Ave NW offers 3,000 square feet of retail space for lease, with 1,500 square feet on the ground level and an additional 1,500 square feet on the lower level. The space has been recently renovated. Located directly on Georgia Avenue, the property benefits from tremendous visibility and signage opportunities. Situated in a busy commercial corridor with an array of shops, restaurants, and community spaces, the location is near Rock Creek Park and the Walter Reed Army Medical Center, and is surrounded by redevelopment. The Georgia Ave-Petworth Metro station and major thoroughfares provide convenient access to public transportation. The property is suitable for office or retail use, with the potential to acquire an operational liquor business.

Key Highlights

  • Prime retail space on Georgia Avenue with 3,000 SF (1,500 SF ground level, 1,500 SF lower level).
  • Recently renovated space.
  • Tremendous visibility and signage opportunity.**

Property Analytics

Current Use

Prime Wine & Spirits. (Bike/Boat/Book/etc) Store Margarita beauty salon Hair Salon Unisex Margarita & Olga ... Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage HVAC Service Building Supply

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

1,352
Businesses Nearby

Demographics for 20011, DC

67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value

Market

Lease Benchmarks for Washington, DC

$41.7 /SF/Yr
Avg Asking Price
$3.24–$109 /SF/Yr
Price Range
9,660 SF
Avg Space Size

Vacancy Rate% for Office in Washington, DC

14.8% 2019
17% 2020
18.1% 2021
19.5% 2022
20.7% 2023
21.9% 2024
22.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Renovated retail space with high visibility on Georgia Avenue.
Where is this retail space located?
The property is located at 5413 Georgia Ave NW Washington, DC.
What are key features of this property?
This property features: Prime retail space on Georgia Avenue with **3,000 SF (1,500 SF ground level, 1,500 SF lower level)**.; Recently renovated space.; Tremendous visibility and signage opportunity.**
(571) 455-7021 Call to check price and availability
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