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7303 Georgia Ave NW 2,100 SF of Retail Space Available in Washington, DC 20012
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 2,100 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $73,500 /YR $6,125 /MO | Triple Net (NNN) |
Lower Level
ONE Street Commercial Properties is pleased to present a rare second-generation restaurant opportunity at 7303 Georgia Avenue NW — a high-visibility, turnkey space in one of Washington, D.C.’s most dynamic retail corridors. The property comes equipped with full commercial kitchen infrastructure, including hood/vent systems and upgraded utilities, providing an immediate path to operations and significantly reducing tenant buildout costs. Located right off the thriving Walter Reed Re-development neighborhood, the site benefits from strong pedestrian and drive-by traffic, anchored by nearby retail, offices, and residential developments. Georgia Avenue continues to experience significant investment and growth, making this location ideal for both neighborhood dining and destination restaurant concepts.
- Lease rate does not include utilities, property expenses or building services
- Second Generation Restaurant
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 | 2,100 SF | Gross Leasable Area | 2,940 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront |
| Total Space Available | 2,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,940 SF |
| Year Built | 1927 |
ABOUT THE PROPERTY
Situated just one block north of the Walter Reed National Military Medical Center redevelopment site, the property benefits from proximity to a major urban renewal project that includes plans for housing and retail developments. The location is also approximately five blocks from Silver Spring, Maryland, providing access to additional amenities and transportation options.
NEARBY MAJOR RETAILERS
CONTACTS
-
Kevin Brandes -
Pablo Flower -
Samson Commercial Properties, Broker | ONE Street
