Washington DC Retail Commercial Real Estate
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Retail Commercial Real Estate in Washington, DC
The center of political power in the United States and arguably the world, Washington D.C. is a unique and vibrant city that offers much more to residents and visitors than a straightforward hub for government.
Over 20 million tourists visit the city each year alongside countless foreign leaders, delegates, lobbyists, and business people. With such a concentration of landmarks, government institutions, centers of art and history, and hotels in the scant 68 square miles, there are few places throughout the city that aren’t suitable for retail businesses.
Neighbored by Virginia to the west and Maryland to the north, south, and east, DC's metro area includes nearly 6 million residents who commute to and from the city each day. Thanks to an expanding metro system, the connectivity of the area means more daily commuters - and more daily commerce for retail, restaurants and nightlife, and professional services throughout the greater D.C. region.
Rich with history and the center of the American federal government, downtown Washington, D.C. near Dupont Circle, along K and H Streets, and Chinatown are the best locations for companies seeking high visibility retail businesses in the busiest corridor in the area. Otherwise, Adams Morgan, Lincoln Park, and Georgetown provide easy access to more neighborhood-centric clientele.
Market Stats
Washington has 1,968 commercial real estate spaces for lease, representing 11,080,912 sqft space.
151 buildings are available for sale.
In the past 30 days, Washington has had 219 spaces leased.