
TD Bank - 905 Rhode Island Ave NE
905 Rhode Island Avenue Northeast, Washington, DC, 20018, US
273 m²
The Georgetown Neighborhood Retail Portfolio represents a premium investment opportunity comprising seven strategic properties in Washington DC’s coveted Georgetown district. This well-established offering encompasses 43,360 square feet of mixed-use space, thoughtfully distributed as 27,821 SF of prime retail (53%), 10,029 SF of residential (34%), and 5,510 SF of office space (12%).
The offering demonstrates exceptional performance with a 90% overall occupancy rate. Notably, both the retail and residential components are 100% occupied, with the 10% vacancy concentrated entirely within the office portion, reflecting the enduring demand for Georgetown’s retail space and residential units. The commercial portion maintains a healthy 6.5 years of WALT, calculated on a rent weighted basis, providing income stability and visibility.
The diverse income streams from retail, residential, and office components provide resilient cash flow while maintaining the offering’s primary identity as a retail-focused investment. The properties benefit from Georgetown’s unique combination of affluent residential demographics, steady tourist traffic, and proximity to major educational institutions and business centers. The residential portion commands premium rents due to the neighborhood’s desirability and central location.
The offering presents investors a rare opportunity to acquire significant market share in one of America’s most prestigious retail corridors, known for its historic architecture, pedestrian-friendly streetscape, and prestigious reputation.