Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1930
Building Area
Occupancy 100.0 %

Property Description

Historic, "Urban Target"-anchored lifestyle center located in NW Washington DC's Cleveland Park retail sub-market

Investment Highlights

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer for sale the 100% fee simple interest in Sam’s Park & Shop (the “Property” or “Offering”), a 50,355 square foot shopping center located in Cleveland Park, one of Washington DC’s most exclusive neighborhoods. This 100% leased, iconic shopping destination enjoys impeccable positioning on the “PM side” of Connecticut Avenue (26,786 VPD) with over 320 feet of frontage along this primary commuting corridor, as well as a rare surface parking lot in Northwest DC. Anchored by Target, the Property effectively services the affluent residents of Northwest Washington, DC ($181,763 AHHI within a 1-mile radius) with a comprehensive mix of grocery, convenience goods, finance, service, and food and beverage tenants. Sam’s Park & Shop resides in a high-density, residential neighborhood with 31,950 residents within a 1-mile radius but only 524,000 square feet of retail space.
Last Updated Date: 14 Sep 2020
Susan Carras
Susan Carras
Senior Managing Director, Capital Markets
License details
DC-BR694571 MD-2385 VA-0225019010
Jordan Lex
Jordan Lex
Senior Director, Capital Markets
License details
DC-SP98373803 MD-647016 VA-0225189318

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Last Updated Date: 14 Sep 2020

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