Positioned in the heart of Hyattsville’s dynamic urban core, The Devon presents a rare opportunity for retail tenants to anchor within a vibrant, transit-oriented community. This 1,238 SF retail space is part of a new mixed-use development featuring 320 upscale apartment units, with initial occupancy slated for Q4 2024. Located just 0.5 miles from the Hyattsville Crossing Metro Station (Green Line) and within close proximity to the Purple Line and MARC Train, the site offers exceptional connectivity to the greater Washington, D.C. region.
The Devon is surrounded by a thriving residential and commercial ecosystem, including over 3,700 residents within walking distance and major employers such as the FDA, NASA, NOAA, and the University of Maryland. The Gateway Arts District, Discovery District, and Prince George’s Mall are all within a 2-mile radius, contributing to strong foot traffic and a diverse customer base. The retail space itself features 10'7" ceiling heights, outdoor seating potential, black iron exhaust duct (Type 1), and 10 dedicated retail parking spaces. There is also an opportunity for direct internal connection to the apartment amenity space, enhancing visibility and customer engagement.
The surrounding trade area boasts a median household income of over $120,000 within a 1-mile radius and includes a mix of multigenerational families, young professionals, and students. This demographic diversity supports a wide range of retail concepts, from fast-casual dining to boutique services. With its strategic location, built-in customer base, and modern infrastructure, The Devon is ideally suited for tenants seeking long-term success in a flourishing urban village.
Jennifer Fink
CBRE