Submarket Spring 2019 Book Spring 2019 Washington, DC Retail Observations | Page 6

WASHINGTON, DC Q1 RETAIL STATISTICS
Retail Performance Indicators
Population Population
growth
since 2010 Market
multifamily
supply (units) Office
supply (s.f.)
Dining, Fitness/Wellness, Professional 5,275 33.2% 5,003 4,620,829
Dining, Specialty/Other, Professional 20,232 8.8% 586 5,528,100
$75 - $125 Dining, Professional, Specialty/Other 8,396 2.8% 2,043 31,736,603
91,214 12.5% 11,131 4,197,390
Total
Storefronts Vacant
Storefronts Vacancy Rate
(Storefronts) Retail Rent Range
($ p.s.f. NNN)
Ballpark 107 8 7.5% $40 - $80
Capitol Hill 197 10 5.1% $45 - $90
CBD 478 32 6.7%
Submarket
Retail Demand Influences
Top 3 industries (Retail Storefront
Occupancy)
Dupont-Logan-
Shaw 941 70 7.4% $35 - $120 Dining, Specialty/Other,
Cosmetic/Beauty East End 722 74 10.2% $65 - $370 Dining, Specialty/Other,
Professional 23,200 21.2% 8,257 44,383,161
Georgetown 487 35 7.2% $40 - $225 Dining, Apparel, Specialty/Other 6,515 7.7% 404 2,656,573 
25,548 17.2% 2,403 474,361
Market District 276 63 22.8% $45 - $65 Dining, Specialty/Other,
Cosmetic/Beauty NoMa 54 3 5.6% $45 - $80 Dining, Grocery, Professional 8,103 51.3% 4,053 9,368,544 
Southwest 173 4 2.3% $40 - $85 Dining, Specialty/Other, Professional 13,272 15.7% 3,447 12,231,154
Upper
Northwest 262 26 9.9% $40 - $80 Dining, Specialty/Other,
Cosmetic/Beauty 211,736 8.1% 21,370 2,146,356
West End 109 9 8.3% $40 - $80 Dining, Specialty/Other,
Cosmetic/Beauty 11,915 9.4% 2,697 3,981,200 
Washington, DC 3806 334 8.8% $40-$130 Dining, Specialty/Other, Professional 674,875 10.8% 61,394 121,657,998
Q4 2018
Q1 2019
25.0%
20.0%
22.5%
8.3%
8.3%
Q4 2018
0.0%
2.5%
5.0%
7.5%
10.0%
12.5%
15.0%
17.5%
Q1 2019
80
71
74
70
60
62
50
63
54
40
37
35
26
20
5
9
4
3
1 W A S H I N G TO N D C R E TA I L O B S ER VAT I O N S
3
10
8
8
11
0
10
26
32
34
30
70
9