True
Space Available For Lease 4
1st Floor |
IDEAL USES: Fast Casual Restaurants, Full Service Restaurants, Retail, Fitness and Services RENT: Asking $43,510 NNN/Month | $522,120 NNN/Year (For the entire 8,855 SF building)
Current Estimates for RE Taxes: $7,479.22 per month/ $89,750.64 per year (this is adjusted each year) Current Estimates for Insurance: $498.40 per month/ $5,980.80 per year (this is adjusted each year) 
MILLER WALKER Retail Real Estate Centralized LeasingMILLER WALKER Retail Real Estate |
2nd Floor |
IDEAL USES: Fast Casual Restaurants, Full Service Restaurants, Retail, Fitness and Services RENT: Asking $43,510 NNN/Month | $522,120 NNN/Year (For the entire 8,855 SF building) Current Estimates for RE Taxes: $7,479.22 per month/ $89,750.64 per year (this is adjusted each year) Current Estimates for Insurance: $498.40 per month/ $5,980.80 per year (this is adjusted each year)
MILLER WALKER Retail Real Estate Centralized LeasingMILLER WALKER Retail Real Estate |
3rd Floor |
IDEAL USES: Fast Casual Restaurants, Full Service Restaurants, Retail, Fitness and Services RENT: Asking $43,510 NNN/Month | $522,120 NNN/Year (For the entire 8,855 SF building) Current Estimates for RE Taxes: $7,479.22 per month/ $89,750.64 per year (this is adjusted each year) Current Estimates for Insurance: $498.40 per month/ $5,980.80 per year (this is adjusted each year)
MILLER WALKER Retail Real Estate Centralized LeasingMILLER WALKER Retail Real Estate |
Basement |
IDEAL USES: Fast Casual Restaurants, Full Service Restaurants, Retail, Fitness and Services RENT: Asking $43,510 NNN/Month | $522,120 NNN/Year (For the entire 8,855 SF building) Current Estimates for RE Taxes: $7,479.22 per month/ $89,750.64 per year (this is adjusted each year) Current Estimates for Insurance: $498.40 per month/ $5,980.80 per year (this is adjusted each year)
MILLER WALKER Retail Real Estate Centralized LeasingMILLER WALKER Retail Real Estate |
Property Details
- Property Type Retail
- Property Size 10,336 SF
- Lot Size 0.11 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 9
- Parking Ratio 0.87 / 1,000 SF
- Year Built 1979
- Date Updated Nov 15, 2024
Free-standing flagship property in historic Georgetown, DC (formerly Patagonia)
(9) Parking Spaces
Concrete structural floors with wood-plank flooring on 1st & 2nd floors
Fully sprinklered building
Separate delivery loading doors on street level
Highly desirable iconic retail building just 364 feet away from the intersection of Wisconsin Avenue and M Street
A mere 528 feet away from the Potomac Waterfront
Outdoor patio area just off the entrance to the building overlooking the C&O Canal
North elevation of the building is fronting the Historic C & O Canal and Towpath, which is currently under construction for renovation
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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97/100
Walk Score ®
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76/100
Transit Score ®
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87/100
Bike Score ®
Location
- City Washington, DC
- Neighborhood Georgetown
- Zip Code 20007
- Market Washington DC Suburban Maryland
1048 Wisconsin Ave NW Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
1048 Wisconsin Ave NW is located in Georgetown, which is home to a total of 39 listing(s). Retail space at 1048 Wisconsin Ave NW asks $39,000.00/MO per square foot.
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The property includes 8,855 square feet of retail space for lease. Of this total, 8,855 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
For car-travelling customers, 1048 Wisconsin Ave NW has a parking ratio of 0.87 / 1,000 SF, offering 9 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Georgetown is 29. The average household income here is $145,048 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
