Retail Space
3325 Connecticut Avenue Northwest Washington, DC 20008
Details & Description
Call for Pricing
    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
    3325 Connecticut Avenue Northwest Washington, DC 20008 | for Sale | Photo 1
    Building Size: 8,754 SF
    Lot Size: 0.230 AC
    Land Size: 10,018 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    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.

    Common Questions and Answers

    What is the building size of this Retail property in Washington, DC?
    The size of the building/unit at 3325 Connecticut Avenue Northwest in Washington is 8,754 square feet
    How much land does the Washington, DC property at 3325 Connecticut Avenue Northwest include?
    3325 Connecticut Avenue Northwest in Washington includes 0.230 acres of land
    What kind of Retail is the propery at 3325 Connecticut Avenue Northwest?
    The property at 3325 Connecticut Avenue Northwest Washington, DC 20008 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 3325 Connecticut Avenue Northwest in Washington?
    The population within 1 mile of 3325 Connecticut Avenue Northwest Washington, DC 20008 is 31,170 people.
    Who do I contact for questions about 3325 Connecticut Avenue Northwest?
    You should contact the listing agent, Rick Fernandez, for any details regarding this commercial listing.

    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