Submarket Spring 2019 Book Spring 2019 Washington, DC Retail Observations | Page 23

DUPONT-LOGAN-SHAW
State of the Retail Market
SUPPLY
Dupont-Logan-Shaw continues to compete as one of the most desirable retail
destinations for tenants and restaurants with the densest millennial population in the
city and has seen some of the highest rent growth in the city since 2010 with the highest
rents falling along the 14th Street corridor portion of the submarket. Adams Morgan
is beginning to see an increase in leasing activity again, especially as buildings are
redeveloped and repositioned such as CorePower opening at 1773 Columbia and The
Imperial opening at 2001 18th. While 14th Street remains the highest trafficked area of
this submarket, the majority of closings have fallen along this corridor. The storefronts
north of U Street, two of which were Mike Isabella concepts, have seen quick turnover in
recent years as they struggle to capture the same foot traffic as those south of U.
14,184 s.f. $35-$120
Largest available
retail space Asking rent range
5 64 609
*Includes only occupied storefronts to which a price point applies
97
119 46
12 79
REGIONAL
344
367
7.4%
Vacancy
rate
RETAILERS BY CHAIN TYPE
RETAILERS BY PRICE POINT
941 Total retail
storefronts
*Includes only occupied storefronts
RETAILERS BY INDUSTRY
43.5% 9.8% 12% 6.9% 6.2%
Dining Cosmetic/Beauty Specialty Professional Grocery
4.5%
Fitness/Wellness
18