1351 Wisconsin Ave NW Georgetown theater

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1 1351 Wisconsin Ave NW Georgetown theater Turn-key retail opportunity Newly renovated 7,870 SF space over two levels Perfect for dining, fashion or fitness Iconic building features restored neon sign, grand glass-framed entrance and lit canopy Flooded with natural light Warm lit shell condition; ready for immediate occupancy

2 Georgetown Theater 1351 wisconsin ave nw turn-key opporunity. dramatic transformation. The iconic Georgetown Theater has been recently restored and is available for immediate occupancy. The historic building features 7,870 square feet over two levels abundant with natural light. The space is well suited for fashion, fitness or food and has kitchen venting in place. A lush courtyard in back is perfect for outdoor dining. Located at the intersection of Wisconsin Ave and O Street NW, the space is perfectly situated for optimal visibility from all directions. McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 2

3 location Wisconsin Ave NW Volta Pl NW P St NW P St NW O St NW Site O St NW Dumbarton St NW 35th St NW 34th St NW N St NW M St NW 33rd St NW Potomac St NW Prospect St NW N St NW 31st St NW M St NW 30th St NW 29th St NW Pennsylvania Ave Francis Scott Key Bridge Potomac River Whitehurst Fwy NW McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 3

4 Neighborhood ABOUT GEORGETOWN Beyond Georgetown s trendy shops, celebrated restaurants, and lively nightlife, lies a historic port city with deep roots and old-fashioned charm. Lined with quaint cobblestone streets and 18th and 19th century architecture, the neighborhood is a perfect blend of old and new. A Shopper s Paradise Shoppers of all ages can play dress up in Georgetown with one-of-a-kind finds from the neighborhood s over 150 fashion specialty stores including unique local boutiques and well-known international brands. From preppy to cutting-edge, casual to elegant, the vast array of retailers in Georgetown offers something to suit every style and taste. A Foodie s Dream Home to over 140 restaurants and gourmet stores representing more than 50 ethnicities, the neighborhood is a foodie s dream. Walk only a few blocks and you ll find cuisine from Ethiopia to Mexico, and everywhere in between. The culinary tour continues at Georgetown s countless specialty markets, bakeries, and cafes.* *Excerpt from McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 4

5 PROVEN RETAIL The Georgetown Theater is surrounded by world class retail in a historically important and architecturally significant neighborhood. P St NW e Sit Potomac St NW NW ve in A ns sco Wi O St NW Dumbarton St NW N St NW 33rd St NW Prospect St NW unum 34th St NW 35th St NW M St NW M St NW 29th St NW 30th St NW 31st St NW Wisconsin Ave NW McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 5

6 DEMOGRAPHICS.25 mile.5 mile 1 mile Population 2,558 9,177 37,162 Households 1,206 3,864 16,448 Median Age Average Household Income $212,415 $197,285 $156,076 Average Disposable Income $131,997 $124,702 $102,455 Median Home Value $1,000,001 $1,000,001 $755,985 Owner Occupied 701 1,998 6,552 Renter Occupied 363 1,354 8,504 Pop 25+ Bachelor's Degree or Higher 92.5% 91.2% 85.8% EXPENDITURES Food Away From Home $11.8MM $35.0MM $120MM Food At Home $17.2MM $51.2MM $177MM Entertainment + Recreation $10.9MM $32.4MM $109MM Apparel + Services $8.3MM $24.7MM $84.8MM RACE White Alone 91.0% 88.6% 82.5% Black Alone 1.3% 2.1% 3.9% Asian Alone 5.1% 6.2% 9.2% Some Other Race 0.8% 1.0% 1.5% Two or More Races 1.8% 2.1% 3.1% Hispanic Origin (Any Race) 6.5% 7.0% 7.4% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File American Community Survey Esri forecasts for McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 6

7 Radii Glover Archbod Park Wisconsin Ave NW Rock Creek Park Kalorama Heights 1 mile Foxhall Village.5 mile.25 mile Site Georgetown M St NW Woodmont Potomac River Francis Scott Key Bridge Foggy Bottom Downtown Rosslyn Theodore Roosevelt Island Colonial Village National Mall McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 7

8 Site Plans First Level 3870 SF Courtyard First Level 3870 SF Courtyard Lower Level 4000 SF Lower Level 4000 SF McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 8

9 Q ST Development pipeline VOLTA ST POTOMAC ST 33RD ST WISCONSIN WISCONSIN AVE AVE P ST O ST O ST 32ND ST q r w t e y u N ST i PROSPECT ST o Site DUMBARTON ST M ST BLUES ALLEY 31ST ST q w e r t Address 1422 Wisconsin Ave NW First and second floor restaurant, Boulangerie Christophe 1408 Wisconsin Ave NW First floor retail, second and third floor residential Type Active renovation Planned renovation 1400 Wisconsin Ave NW Permits filed Underpinning for basement excavation, renovation of basement and first floor retail 1357 Wisconsin Ave NW First floor retail, second and third floor residential 1353 Wisconsin Ave NW First floor retail, removal of bay windows, restoration of building façade Permits received Active renovation Site 1351 Wisconsin Ave NW Active renovation Basement and first floor retail, second floor office, third floor and carriage house residential y u i o 1338 Wisconsin Ave NW First floor retail 1335 Wisconsin Ave NW First floor restaurant, restoration of awning 1254 Wisconsin Ave NW First floor retail, second and third floor residential 3220 Prospect St NW 28,246 sf of retail over two levels, 96 subterranean parking spaces. Active renovation Permits filed Active renovation New Construction McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 9

10 Current Conditions First Level First Level McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 10

11 Current Conditions First Level First Level Lower Level McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 11

12 Current Conditions Lower Level Courtyard Courtyard McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 12

13 Current Conditions View from first Level Courtyard back entrance McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 13

14 leasing inquiries: Rory Cameron office: mobile: McCAFFERY BROKERAGE Georgetown Theater Wisconsin Avenue NW 14