6400 Georgia Ave NW
Washington, DC 20012
Retail For Sale · Retail Property For Sale · 20,680 SF

6400 Georgia Avenue NW represents an especially rare opportunity for an investor to acquire a multitenant building comprised of seven street level retail tenants, including Subway and Domino's, as well as a second level which includes 10 office suites. The offering also includes the adjacent lot on Tuckerman Street NW, which currently provides 40 striped parking spaces with room to add additional spaces.

Prominently situated at the signalized intersection of Georgia Avenue NW and Piney Branch Road NW/Tuckerman Street NW, the asset is enhanced by nearby commercial tenants such as Safeway, Starbucks, CVS, SunTrust, and M&T Bank, which are all located within one block. Northwest Washington, DC's first Walmart is planned for the site formerly occupied by Curtis Chevrolet which is only four blocks South on Georgia Avenue NW.

The building itself sits on a 6,662-square foot lot and offers a total of 12,155 rentable square feet (13,882 Gross Above Grade) between the first and second levels, as well as a 6,798 square foot sublevel which boasts high ceilings and is currently vacant. The adjacent parking lot, which services the building's tenants and adds value to their businesses, is 19,141 square feet with approximately one-third currently remaining raw land. While the asset already provides solid cashflow, a savvy investor could add significant value by (1) tenanting the office suites, as five of the 10 are currently vacant, (2) renovating and tenanting the 6,798-square foot sublevel, and (3) increasing the amount of parking spaces by developing the remaining raw land.