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Property profile & analytics
OFF-MARKET Estimated value $2,910,000
Super regional malls

1060 Brentwood NE Rd Washington, DC 20018-1052

57,515 SF 7 ac lot Built 2002
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US16-0035549
Property summary
AI-generated overview

This exceptional retail opportunity presents 3,750 square feet of vacant space within the established Rhode Island Place shopping center, located at 1060 Brentwood Rd NE, Washington, DC 20018. The center boasts a total of 58,029 square feet and features a dominant presence on US Highway Route 1 (Rhode Island Avenue). Its strategic location offers unparalleled accessibility, situated adjacent to the Metro's Red Line station, a mere two stops from Union Station. This ensures high foot traffic and convenient access for customers. The center benefits from a strong shadow anchor presence, with Home Depot and Giant supermarkets nearby, driving significant consumer traffic to the area. The property includes ample parking with 1080 spaces available for shoppers and tenants. This is a single-suite, multi-tenant retail shopping center in the District of Columbia, offering a unique chance to establish a business in a high-traffic, well-established retail environment. The property's location and existing infrastructure provide a solid foundation for success. The available space is ideal for a variety of retail uses, capitalizing on the significant consumer base drawn to this thriving shopping destination. This is a rare opportunity to secure a prominent retail space in a highly desirable location within the District of Columbia.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2002
Construction BRICK
Total area 57,515 SF
Lot 7 ac (304,713 SF)
Zoning code MU-5A
APN 3848 0820
UPID US16-0035549
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.91M
Owner & transaction history
Acadia Brentwood LLC · 14 yrs held
Acadia Brentwood LLC
since 2012
3 recorded transactions
2012
$21.7M
2006
$8.3M
2006
Price N/A
Zoning & alternative use
MU-5A · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $4.5M +53.0%
Industrial (general) $4.3M +46.4%
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