4422 Georgia NW Ave, Unit 103 Washington, DC 20011-7154
- Commercial real estate
- 1,887 SF
- 0.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4422 Georgia NW Ave
- Year built
- 2021
- Lot size
- 0.02 lot acres
- Property size
- 1,887 SF
- Property type
- Commercial real estate
- APN
- 2917 2001
- APU
- 29172001
Description
This exceptional 4,626 square foot retail property, located at 4422-4424 Georgia Avenue NW in Washington, DC 20011, presents a unique investment and/or leasing opportunity. Situated on a signalized corner lot, this two-level space boasts high visibility to approximately 26,000 vehicles daily. The property is currently vacant and offers direct street access within a mixed-use building. The asking price is $3,000,000, and lease terms are NNN. Rental rates are $40 per square foot (NNN) for the street level and $25 per square foot (NNN) for the lower level, with a total NNN expense of $5.33 per square foot. The property's ideal location, just minutes from the Georgia Ave-Petworth Metro Station and a Safeway, ensures high pedestrian and vehicular traffic. The surrounding area boasts a substantial population of 179,207 with an average household income of $190,448, creating a strong market for retail businesses. The property owner is open to providing a construction allowance or even building out the space to suit a tenant's specific needs. This makes it an excellent fit for a variety of uses, including coffee shops, medical practices, urgent care facilities, dental offices, daycares, day spas, or home design stores. Don't miss this chance to secure a prime retail location in a thriving Washington, DC neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $285,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $279,000
Market price range: $164k - $362k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0263
- Latitude
- 38.9442
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA