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Space Available For Lease 1
Full Building |
Excellent opportunity to sublease a former Walgreens location in the Cleveland Park area of Washington, DC. This property has great visibility on Connecticut Ave, a strong retail corridor of northwest DC. This location includes 16 dedicated parking spots, rare for this area.
Steve Vallos
Commercial Realty Advisors |
Property Details
- Property Type Retail
- Property Size 8,592 SF
- Additional Rent Contact for pricing
- Parking Spaces Avail. 16
- Parking Ratio 1.86 / 1,000 SF
- Year Built 1925
- Year Renovated 2007
- Date Updated Dec 9, 2024
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Washington, DC
- Neighborhood Cleveland Park
- Zip Code 20008
- Market Washington DC Suburban Maryland
3524 Connecticut 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.
Retail space at 3524 Connecticut Ave NW asks $29.00/SF/YR per square foot.
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The property includes 8,592 square feet of retail space for lease. Of this total, 8,592 square feet are Retail.
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, 3524 Connecticut Ave NW has a parking ratio of 1.86 / 1,000 SF, offering 16 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.
3524 Connecticut Ave NW was last renovated in 2007.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Cleveland Park is 40. The average household income here is $146,312 per year.
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.