Retail in Washington, DC — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Washington, DC 20004

Description

601 Pennsylvania Ave is an iconic, recently renovated 195,000 SF office building with unmatched access to the best that Washington, D.C. has to offer including a multitude of fine dining options, most notably Fiola, Michelin-starred Italian Restaurant from renowned chef Fabio Trabocchi, which is located onsite. The retail opportunities include: - 2,899 SF Second-Generation Fast-Casual Restaurant space located on the corner of Indiana Avenue and 6th Street NW with a dedicated outdoor cafe patio; - 3,133 SF space ideally situated between the office & residential lobbies with an extensive storefront. Just steps from the National Mall, this is an unique opportunity to capture the 31 million annual visitors to Washington, D.C. as they depart the Mall in search of a great lunch or dinner spot!

Market Context

This retail in Washington, DC is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in Washington, DC — view the full market.

As of Q4 2025, the Washington D.C. retail market showed a 3.4% vacancy rate, average asking rents near $34.00/SF/yr, rents up 2.4% year over year, and cap rates around 6.8%.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Washington D.C.?
About 6.8% as of Q4 2025.
Is the Washington D.C. retail market tightening or softening?
Vacancy is around 3.4%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$216.04/SF – $254.17/SF

Mid: $254.17/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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