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3137 M St NW 4,750 SF of Retail Space Available in Washington, DC 20007
HIGHLIGHTS
- Heavy Daytime Foot traffic
- Near Corner of Wisconsin & M ST
- High Disposable Income Locale
- High Ceilings on Main Floor
- ~14 Million annual visitor count
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 4,750 SF | 12’ - 14’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Located in the heart of Georgetown's premier shopping district, 3135 M ST NW offers a rare opportunity to secure a high-visibility storefront sitting amongst top-tier national brands, and contact vehicle and pedestrian activity (~13-14MM annual visitor count). The unit was recently rebuilt via a $1M+ stud bare renovation in 2020 to create an approachable single tenant space with new MEPs, fixtures, flooring, staffing areas, and many opportunities to convert BOH space to additional retail - reducing next occupant's build-out costs. Very rare rear parking pad will fit up to 3 vehicles plus receptacles. Opportunity to widen main retail landing space and delete stairwell partition to create retailing on 2nd floor overlooking M ST. SEE ATTACHED BROCHURE FOR NNNs & LEASE/TENANT PREFERENCES
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- Emergency Lighting
- Plug & Play
- After Hours HVAC Available
- Finished Ceilings: 12’ - 14’
- Basement
- Yard
- Smoke Detector
- Wheelchair Accessible
- ~14 Million Annnual Visitors
- 2020 $MM Build-out to base building
- Excellent Frontage on M ST
- High Visibility
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 | 4,750 SF | Gross Leasable Area | 4,750 SF |
| Property Type | Retail | Year Built/Renovated | 1923/2020 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Total Space Available | 4,750 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,750 SF |
| Year Built/Renovated | 1923/2020 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
Prime Single Tenant Location in the heart of Georgetown's historic retail district, a high visibility store front a stone's throw from the main intersection on Georgetown. Fully renovated and re-built in 2020 as a single tenant footwear retailer, including a down to stud renovation incl. new MEP, updated lighting & ventilation, BOH, security, flooring, etc. Walk Score: 99 Annual Visitors to Georgetown: ~13-14MM
- Bus Line
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
3137 M St NW