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Space Available For Lease 1
5422 Georgia Ave NW |
This soon-to-be renovated restaurant space at 5422 Georgia Ave NW offers a prime opportunity for food enthusiasts and entrepreneurs. Currently under renovation with a December 2024 availability timeframe. Located in the heart of the historic Sixteenth Street Heights neighborhood, this property benefits from a thriving community and convenient access to nearby amenities. Prime Location: Situated on the corner of Kennedy St NW & Georgia Avenue NW, this property enjoys high visibility and easy access to public transportation and nearby attractions. Strong Community: Sixteenth Street Heights is a vibrant neighborhood with a growing population and a strong sense of community, providing a steady stream of potential customers. Whether you're looking to open a new restaurant concept or expand your existing business, this turnkey space offers an exceptional opportunity. Jonathan JeffersoneXp Commercial |
Contacts
Jonathan Jefferson
eXp Commercial
Property Details
- Property Type Retail - Restaurant
- Property Size 7,641 SF
- Units 1
- Lot Size 0.05 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1950
- Year Renovated 2024
- Date Updated Oct 21, 2024
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Highlights
- Prime Location on the corner of Kennedy St NW & Georgia Ave NW
- High Visibility
- Easy access to public transportation
- Up and coming neighborhood
Getting around
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Location
- City Washington, DC
- Neighborhood 16th Street Heights
- Zip Code 20011
- Market Washington DC Suburban Maryland
5422 Georgia Avenue Northwest 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 5422 Georgia Avenue Northwest asks $50.00/SF/YR per square foot.
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The property includes 5,004 square feet of retail space for lease. Of this total, 5,004 square feet are Restaurant.
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.
5422 Georgia Avenue Northwest was last renovated in 2024.
Knowing your ideal customer is essential. For your consideration, the average age of residents in 16th Street Heights is 37. The average household income here is $97,327 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.
Contact Listing Broker
Jonathan Jefferson
eXp Commercial