Historic, "Urban Target"-anchored lifestyle center located in NW Washington DC's Cleveland Park retail sub-market
Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer for sale the 100% fee simple interest in Sam’s Park & Shop (the “Property” or “Offering”), a 50,355 square foot shopping center located in Cleveland Park, one of Washington DC’s most exclusive neighborhoods. This 100% leased, iconic shopping destination enjoys impeccable positioning on the “PM side” of Connecticut Avenue (26,786 VPD) with over 320 feet of frontage along this primary commuting corridor, as well as a rare surface parking lot in Northwest DC. Anchored by Target, the Property effectively services the affluent residents of Northwest Washington, DC ($181,763 AHHI within a 1-mile radius) with a comprehensive mix of grocery, convenience goods, finance, service, and food and beverage tenants. Sam’s Park & Shop resides in a high-density, residential neighborhood with 31,950 residents within a 1-mile radius but only 524,000 square feet of retail space.