Submarket Spring 2019 Book Spring 2019 Washington, DC Retail Observations | Page 11

BALLPARK
State of the Retail Market
SUPPLY
As the residential population in the Ballpark has more than doubled since 2010, retail
options are expanding to cater to more than just the game-goers. However, sports
and entertainment bars continue to open in the area including Punch Bowl Social,
Atlas Brew Works, and Dacha. Ballpark’s dining-heavy (57%) retail mix is solidifying
the neighborhood as a true bar and restaurant scene. In the near term, rents will likely
continue to climb, and vacancy will lower as Ballpark adopts a true live-work-play
population and caters to the growing residential and office populations with retailers
such as banks and doggie day cares.
4,436 s.f. $40-$80
Largest available
retail space Asking rent range
0 8 39
*Includes only occupied storefronts to which a price point applies
23
20 17
2 13
REGIONAL
50
26
7.5%
Vacancy
rate
RETAILERS BY CHAIN TYPE
RETAILERS BY PRICE POINT
107 Total retail
storefronts
*Includes only occupied storefronts
RETAILERS BY INDUSTRY
57% 6.5% 6.5% 6.5% 5.6%
Dining Professional Specialty Fitness/Wellness Cosmetic/Beauty
7.5%
Vacant
6