Leased - August 2021
Laundromat space available: 2875 s.f. of retail space for lease on ground level of a rare shopping center, close to Metro, with 35 parking spaces in front, across the street from Target and several blocks north of the Walter Reed mixed-use development, Washington DC's largest development site. Currently a laundromat, with all equipment included, perfect opportunity to take over an existing business with no start up costs.
With over 25,000 cars per day, the Georgia Avenue corridor is the primary artery running along north from downtown, and the site is at the Gateway to Silver Spring. The shopping center sits closely between two anchors - less than two minutes to downtown Silver Spring and only 5 blocks from Walter Reed, currently under construction by Hines and Urban Atlantic to deliver 3 million square feet of mixed-use development in partnership with the District of Columbia.
Thanks in part to Walter Reed, northern Georgia Avenue is currently seeing some of the most accelerated development in DC, with a new Walmart, a new Target across the recently built by Douglas Development, and numerous residential and commercial projects adjacent to Walter Reed, dramatically changing the face of retail.
Washington D.C. retail space for lease
Includes all laundromat equipment
Shopping center retail
$27 psf, nnn
5 blocks to Walter Reed redevelopment
35 parking spaces
7723 Georgia Ave., NW
7723 Georgia Avenue, NW, Washington, DC 20012 Retail space for lease
Size: 2875 s.f.
Rate: $27 p.s.f. nnn
Parking: Front parking lot included
City Grid Real Estate is a full service commercial real estate brokerage and property marketing firm, specializing in the sale and leasing of commercial real estate transactions in the District of Columbia, Maryland and Virginia.