WASHINGTON DC Xing Washington, DC 20003
This exceptional retail property, known as "Crossing," is strategically located at 949 First Street SE in Washington, DC, within the vibrant Washington County. The property encompasses a substantial 29,702 square feet of retail space, currently configured as a multi-tenant shopping center. The site itself boasts a generous 2-acre lot, providing ample space for customer parking and potential future expansion. Currently, there is 3,985 square feet of vacant space available, presenting a unique opportunity for prospective tenants to establish a presence in this high-traffic area. The property's prime location in Washington, DC, zip code 20003, ensures high visibility and accessibility for businesses. This is an ideal investment for those seeking a well-established retail center with significant growth potential. The property's existing infrastructure and convenient location make it an attractive option for a variety of retail uses. The available vacant space offers flexibility for customization to suit the needs of a new tenant. This is a rare opportunity to acquire a substantial retail property in a highly desirable location within the District of Columbia. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.