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    701 Pennsylvania Ave NW Washington, DC 20004

    For Lease
    $55 SF/Yr

    Entire 6th floor office space available for rent.

    Property size:
    38,763 SF
    Lot size:
    3.72 Acres

    Property Features for 701 Pennsylvania Ave NW

    General Information

    Size
    38,763 SF
    Lot size
    3.72 Acres

    Source: NAI James E. Hanson | Teterboro Agent Kimberly A. Kocur

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Trophy Asset Office Space

    This property is a DC Trophy Asset. Suite 600 encompasses the entire 6th floor, offering a total space of 38763 square feet. The space is divisible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0223823
    Latitude
    38.8944459

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    FAQs

    What type of property is this?
    Office space - Entire 6th floor office space available for rent.
    Where is this office space located?
    The property is located at 701 Pennsylvania Ave NW Washington, DC.
    What is the lease rate?
    The lease rate is $55 SF/Yr.
    What are key features of this property?
    This property features: - DC trophy asset; - Entire 6th floor; - Suite 600
    (908) 794-3105
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    Washington, DC 20004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Pennsylvania Ave NW Washington, DC 20004
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