Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the MacArthur Retail & Professional Center located at 5185 MacArthur Blvd. NW in Washington, DC.
The property consists of three stories including 8,741 square feet of very busy ground floor retail space. The property is ideally located within the affluent and vibrant Palisades section of the city and features 43,543 square feet of office and retail space. Long term tenants include a pharmacy, local market, Starbucks and a UPS package store. Fernandez, Calkain’s Senior Managing Director commented,
The mixed-use real estate provides cash flow stability and the potential for income appreciation. This is an exclusive opportunity to own a generational investment in Washington, DC.”
Fallon, Calkain’s Executive Managing Director, commented, “The prestigious Palisades location of mixed-use retail is distinctive in that it offers fast and convenient access to and from downtown DC, Bethesda and Northern Virginia. This is a unique opportunity for a successful buyer to acquire prominent Washington, DC real estate.”
For more information on this listing please contact the Calkain Urban Investment Advisors.
Calkain Companies is a commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant net leased properties through all aspects of the transaction including advisory, brokerage, debt placement, equity placement, asset management and research. Calkain has a national platform with multiple office locations throughout the entire East Coast. Additional information about the firm and listings may be found at calkain.com.