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Amenity-Rich Office Space in Washington
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490 L'Enfant Plaza SW, Washington, DC

Transformed office space with retail, dining, and metro access.

Space Size445,255 SF
Lot Size0.41 Acres
Days on Market530

Property Features for 490 L'Enfant Plaza SW

General Information

Standard status Active
Size 445,255 SF
Lot size 0.41 Acres
Property subtype OFFICE

Spaces For Lease

at 490 L'Enfant Plaza SW Contact us

490 L'Enfant Plaza SW $41/SF/Yr

Floor
Bldg
Size
445,255 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- The dramatically transformed and amenity-rich L'Enfant Plaza mixed-use development...
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Listing Agency: Colliers | Washington DC
Listed By: Mark Sullivan
Source: Moodyscre
Added: Mar 27, 2025 Changed: Aug 8 Last Checked: Sep 6 at 7:12AM

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 Colliers | Washington DC

Investment Insights

Based on property information with market context.

This transformed mixed-use development features three office buildings and 120,000 square feet of newly renovated on-site retail space, including over 40 shops and restaurants. A light-filled food court with outdoor seating is available, along with ample underground parking. On-site amenities include a conference center for meetings and a club room for corporate lunches and event rentals. Extensive renovations have created an expanded double-height lobby with a floor-to-ceiling glass storefront, a contemporary stone design, and an attractive backlit feature wall. Common areas, elevator lobbies, and elevator cabs have also been updated. The property is ideally located between the National Mall and the Southwest Waterfront, within five blocks of 19 major federal agencies. It offers direct indoor access to the L'Enfant Metro Station on five lines: Yellow, Green, Blue, Orange, and Silver. The property offers 445,255 square feet of space and is intended for office use.

Key Highlights

  • Direct indoor access to L'Enfant Metro Station on five lines.
  • Ideally located between the National Mall and the Southwest Waterfront, near 19 major federal agencies.
  • 120,000 SF of newly renovated on‑site retail with over 40 shops and restaurants.

Property Analytics

Current Use

Office buildings

Lease Details

NNN (Triple Net)
Lease Type
$6.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,444
Businesses Nearby

Market

Lease Benchmarks for Washington, DC

$48.39 /SF/Yr
Avg Asking Price
$27.5–$74 /SF/Yr
Price Range
24,785 SF
Avg Space Size

This space is priced 15% below the average of $48.39 /SF/Yr.

Vacancy Rate% for Office in Washington, DC

14.8% 2019
17% 2020
18.1% 2021
19.5% 2022
20.7% 2023
21.9% 2024
22.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Transformed office space with retail, dining, and metro access.
Where is this office building located?
The property is located at 490 L'Enfant Plaza SW Washington, DC.
What is the lease rate?
The lease rate is $41 SF/Yr.
What are key features of this property?
This property features: Direct indoor access to L'Enfant Metro Station on five lines.; Ideally located between the National Mall and the Southwest Waterfront, near 19 major federal agencies.; 120,000 SF of newly renovated on‑site retail with over 40 shops and restaurants.
(202) 534-3615 Call to check price and availability
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