Search
Prime Retail Space on Pennsylvania
For Lease
$63 SF/Yr

1111 Pennsylvania Avenue Northwest, Washington, DC 20004

Class A retail space in landmark building, excellent location.

Space SizeContact for details
Days on Market151

Property Features for 1111 Pennsylvania Avenue Northwest

General Information

Standard status Active
Property subtype Retail
Listing Agency:
Listed By: Randy Harrell
Source: Cbre
Added: Mar 25 Changed: Aug 10 Last Checked: Aug 21 at 12:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Randy Harrell

Investment Insights

Based on property information with market context.

Located on the northeast corner of Pennsylvania Avenue and Twelfth Street NW, the Presidential Building is a Class A property overlooking the historic "Avenue of the Presidents." The building offers 329,855 square feet of modernized office space. The property features a newly renovated lobby with cream Italian Botticino marble, satin statuary bronze, and a concierge desk. There is 15,000 SF of retail space available for lease. The building provides ample garage parking with 218 spaces. It is located near the Federal Triangle and Metro Center stations, offering proximity to hotels, dining, and cultural attractions. The property also features a rooftop terrace.

Key Highlights

  • Prime Pennsylvania Avenue location overlooking the historic "Avenue of the Presidents."
  • Immediate access to Federal Triangle and Metro Center stations.
  • Newly renovated lobby** with cream Italian Botticino marble and a dedicated concierge desk.

Property Analytics

Current Use

CITY-WIDE Rolling Gate ... Corporate Office Cohn David P Law Firm Capital One ATM Atm Morgan, Lewis & Bockius ... Law Firm John McGahren Law Firm

Suggested Use

Top Pick Veterinary Clinic Butcher Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

15,531
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Hotels & Casinos 42% Shops & Services 11%
McDonald's Dining
24,382 visits/mo 0.4 miles
Washington Marriott At Metro Center Hotels & Casinos
24,363 visits/mo 0.3 miles
HSBC Shops & Services
6,258 visits/mo 0.5 miles
CAVA Dining
2,864 visits/mo 0.5 miles

Demographics for 20004, DC

1,682
Population
1,593
Households
1.1
Avg Household Size
40
Median Age
95%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
8,410
Density / Sq Mi
$161,359
Median Household Income
$133,857
Median Earnings
$2,945
Median Rent
$650,700
Median Home Value

Market

Lease Benchmarks for Washington, DC

$40.29 /SF/Yr
Avg Asking Price
$3.24–$109 /SF/Yr
Price Range
9,533 SF
Avg Space Size

This space is priced 56% above the average of $40.29 /SF/Yr.

Vacancy Rate% for Retail in Washington, DC

4.9% 2019
5.4% 2020
5.6% 2021
4.8% 2022
4.6% 2023
4.2% 2024
4.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Class A retail space in landmark building, excellent location.
Where is this retail space located?
The property is located at 1111 Pennsylvania Avenue Northwest Washington, DC.
What is the lease rate?
The lease rate is $63 SF/Yr.
What are key features of this property?
This property features: Prime Pennsylvania Avenue location overlooking the historic "Avenue of the Presidents."; Immediate access to Federal Triangle and Metro Center stations.; Newly renovated lobby** with cream Italian Botticino marble and a dedicated concierge desk.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message