Retail Space - For Sale
3325 Connecticut Avenue Northwest Washington, DC 20008
Details & Description
Call for Pricing
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.230
  • Building Sq Ft 8,754
  • Land Sq Ft 10,018
Offered for sale is nearly 9,000 square feet of irreplaceable street level retail space directly on Connecticut Avenue in northwest Washington DC. The lease carries a CVS corporate guarantee, is true NNN and features 3% ANNUAL rent increases. This store, originally a DC area pharmacy chain called Peoples Drug, has been in continuous operation since the 1950’s. CVS acquired Peoples Drug in 1990 and fully renovated the store and building. In 2006 CVS expanded into the adjacent retail property at 3323 Connecticut Avenue, renovated again and negotiated a new lease establishing the present rent structure. In 2010, additional term was added to the lease and the store underwent a complete renovation.
Listing Agents
Rick Fernandez

O: 703-787-4732
M: 703-297-9623
rick.fernandez@srsre.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

3325 Connecticut Avenue Northwest

Washington, DC 20008

Listing ID: 253559
Call for Pricing
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.230
  • Building Sq Ft 8,754
  • Land Sq Ft 10,018
3325 Connecticut Avenue Northwest Washington, DC 20008 | for Sale | Photo 1
Description

Offered for sale is nearly 9,000 square feet of irreplaceable street level retail space directly on Connecticut Avenue in northwest Washington DC. The lease carries a CVS corporate guarantee, is true NNN and features 3% ANNUAL rent increases. This store, originally a DC area pharmacy chain called Peoples Drug, has been in continuous operation since the 1950’s. CVS acquired Peoples Drug in 1990 and fully renovated the store and building. In 2006 CVS expanded into the adjacent retail property at 3323 Connecticut Avenue, renovated again and negotiated a new lease establishing the present rent structure. In 2010, additional term was added to the lease and the store underwent a complete renovation.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Washington History of Retail Space for Sale

Washington Area Market Trends

Listing Demographics for 3325 Connecticut Avenue Northwest Washington, DC 20008

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population31,170363,345763,497
Population Median Age413738
Population by Age0-9 Yrs2650 (8%)33664 (9%)75172 (9%)
10-19 Yrs1410 (4%)32332 (8%)66774 (8%)
20-29 Yrs5981 (19%)79014 (21%)155338 (20%)
30-39 Yrs6626 (21%)75026 (20%)154382 (20%)
40-49 Yrs4110 (13%)43099 (11%)94420 (12%)
50-59 Yrs3412 (10%)37352 (10%)83393 (10%)
60-69 Yrs3422 (10%)31106 (8%)68075 (8%)
70+ Yrs3559 (11%)31753 (8%)65943 (8%)
Median HH Income$117,774$111,351$110,199
Total Household Income< 24K1817 (11%)19689 (12%)40282 (12%)
25-49K1117 (7%)15827 (10%)34911 (10%)
50-74K2002 (12%)17975 (11%)38258 (11%)
75-99K1896 (11%)16955 (10%)36857 (11%)
100-199K4843 (30%)46270 (29%)100390 (30%)
200K+4234 (26%)39094 (25%)78098 (23%)
Highest Education LevelNo Diploma10601898939191
Diploma or GED11442189255711
Some College15172160450253
Assoc. Degree542506814645
Bachelors Degree701977480166584
Higher Degree14109120128235170
Total Housing Units17,203171,018358,906
--Owner-Occupied7,08769,908145,208
--Renter-Occupied8,82285,903183,587
Owner-Occupied Values< 100K3210892055
100-199K1188662076
200-299K49037828476
300-399K1094662114434
400-499K717686115335
500K+463650689102832
Total Working Age Population27,526316,112654,171
In Work Force21,259233,287485,408
Not In Work Force6,26782,825168,762
Workforce Employed20,483222,521460,615
Workforce Unemployed68010,06220,965
Civlian Workforce21,164232,583481,579
Military Workforce957043,829
Total Households15,909155,811328,795
Family Households5,96661,608142,111
Non-Family Households9,94394,203186,683
Married Couple5,22747,260107,157
Other Family74014,34934,955
Married w/Child1,64317,83242,930
Single Male w/Child1601,7594,309
Single Female w/Child2064,16510,601

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
District of Columbia572,059+5601,723+21729,501+15842,154
District of Columbia572,059+5601,723+21729,501+15842,154
Maryland5,296,486+95,773,552+66,141,900+66,518,750
Montgomery County873,341+11971,777+81,052,050+71,128,800
Prince Georges County801,515+8863,420+6916,150+4952,950
Virginia7,078,515+138,001,024+88,655,021+89,331,666
Arlington County189,453+10207,627+20249,298+10274,339
Fairfax County969,749+121,081,726+71,162,504+71,244,025

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Ronald Reagan Washington National Airport (DCA) 6
Washington Dulles International Airport (IAD) 21
Baltimore Washington International (Thurgood Marshall Airport) (BWI) 27