5300 Wisconsin NW Ave Washington, DC 20015-2013
Mazza Gallerie, a Washington, DC landmark, presents a unique retail opportunity. Originally opened in 1977, this five-story building boasts a rich history, having anchored Friendship Heights as a premier shopping destination. The property currently offers 9,200 square feet of immediately available retail space, representing a significant portion of the total 40,500 square feet. Minimum divisible space is 9,200 square feet, making this an ideal location for a single large tenant or a smaller tenant seeking a prominent space within a renowned development. The building's prime location at the crossroads of Northwest Washington, DC and Chevy Chase, Maryland, ensures high visibility and accessibility. While undergoing redevelopment by Tishman Speyer, the future Mazza Gallerie will feature a luxury residential building, 20,000 square feet of ground floor retail, 70,000 square feet of concourse retail, and a reconfigured parking garage with two floors dedicated to retail parking. This presents a chance to be part of a revitalized landmark, capitalizing on its established reputation and enhanced future amenities. The building's history includes notable anchor tenants such as Neiman Marcus and Raleigh's Haberdashery, solidifying its position as a significant retail hub.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
MU-7B · Washington, DCWashington. Always verify with local authorities before improvements.
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.