5300 Wisconsin Ave NW Washington, DC 20015
- Super regional malls
- 386,528 SF
- 1.91 lot acres
Current Use by Public Records
- Super regional malls
Property Details for 5300 Wisconsin Ave NW
- Year built
- 1977
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.91 lot acres
- Property size
- 386,528 SF
- Zone code
- MU-7B
- Property type
- Super regional malls
- APN
- 1660 0812
- APU
- 16600812
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0857
- Latitude
- 38.9597
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
