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2010-2012 Rhode Island Ave NE 1,330 SF of Office/Retail Space Available in Washington, DC 20018
Highlights
- Direct exposure along Rhode Island Ave NE, ensuring high visibility and foot traffic.
- Situated in a developing neighborhood with strong pedestrian and vehicular traffic.
- Mixed-use zoning allows for a variety of retail, office, and residential possibilities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste A | 1,330 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $37,240 /YR $3,103 /MO | Modified Gross |
2nd Floor, Ste A
This office/retail space is fully built out for professional services, featuring a mostly open plan layout that offers flexibility for various uses. The well-designed interior is ready for immediate occupancy, making it an ideal choice for businesses looking to establish a professional presence.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
- 3 Private Offices
- 1 Conference Room
- Open Plan
- Fully Built Out
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,330 SF | Gross Leasable Area | 9,364 SF |
| Property Type | Retail | Year Built/Renovated | 1927/2012 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,330 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,364 SF |
| Year Built/Renovated | 1927/2012 |
About the Property
Move-in-ready, fully built-out second-floor office space available for immediate possession on a NNN basis. On-street parking is available directly in front of the building—a practical advantage for professional services businesses that depend on client visits, eliminating a common friction point that deters potential customers in urban office settings. Priced well below the DC market average for comparable delivered office space at $28 PSF, 2010 Rhode Island Ave NE provides a financially efficient foothold on a corridor that the District has actively targeted for transformation through the Great Streets Initiative and a multi-year planning study by the DC Office of Planning. The surrounding residential trade area is growing: since 2016, the neighborhood’s population has increased by 7% with projections of 25% additional growth over the next decade. That growth translates into an expanding pool of nearby residents who are natural clients for professional services within walking distance of their homes. The combination of below-market pricing, immediate possession, a delivered buildout, and on-street parking makes this one of the most practical and cost-effective office opportunities on the Rhode Island Avenue corridor. Ideal For: Insurance agency, real estate brokerage, tax preparation or accounting, mental health practice, tutoring center, childcare administration, community services, or neighborhood-serving professional office.
- Security System
Nearby Major Retailers
