1048 Wisconsin Avenue NW – Georgetown, Washington DC
SQUARE FOOTAGE: 8,855 SF total:
First floor (2,887 SF)
Second floor (2,046)
Third floor (2,220)
Basement (1,702 SF)
RENT: Asking $43,510 NNN/Month | $522,120 NNN/Year
Current Estimates for RE Taxes: $7,479.22 per month/ $89,750.64 per year (this is adjusted each year)
Current Estimates for Insurance: $498.40 per month/ $5,980.80 per year (this is adjusted each year)
IDEAL USES: Fast Casual Restaurants, Full Service Restaurants, Retail, Fitness and Services
NEIGHBORHOOD: National and online retailers typically open their first DC location in Georgetown. In addition, it is central to 2 of DC’s most prestigious colleges (Georgetown University and George Washington University), Potomac Waterfront, Kennedy Center, Boathouses and a highly affluent urban neighborhood.
C&O CANAL: Plans are in the works to revitalize the first mile of the C&O Canal in Georgetown. Construction has already begun. The project is being designed by James Corner Field Operations, the landscape architecture firm that shaped New York’s High Line and Cleveland’s Public Square. Click here to read more
PUBLIC PARKING: Situated steps away from Georgetown Park’s parking garage, which offers 450 parking spaces that are available to the public on an hourly or daily basis, 24-hours a day.