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Multi-Floor Office Building
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1255 23rd St NW, Washington, DC 20037

Eight-floor office building offering 280,000 square feet near the Foggy Bottom Metro.

Space Size28,444 SF
Days on Market210

Property Features for 1255 23rd St NW

General Information

Standard status Active
Size 28,444 SF
Property subtype OFFICE
Lease Type Full Service

Building Details

Stories 8

Spaces For Lease

at 1255 23rd St NW Contact us

1255 23rd Street NW $53/SF/Yr

Floor
6
Size
28,444 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
Located between L and M Streets, this building is only two blocks from the Foggy...
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Listing Agency: Cushman & Wakefield | Washington DC
Listed By: Mark Wooters
Source: Moodyscre
Added: Jan 14 Changed: Aug 8 Last Checked: Aug 12 at 5:59AM

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 Cushman & Wakefield | Washington DC

Investment Insights

Based on property information with market context.

This office building offers 280,000 square feet of office space across eight floors. It is presented as a multi-story workplace facility well suited for a variety of office users seeking a consolidated building layout.

The property is located between L and M Streets and is only two blocks from the Foggy Bottom Metro.

The offering is for lease and provides a substantial floorplate count within a single office asset, supporting occupancy planning across multiple levels.

Key Highlights

  • Eight‑floor office building with 280,000 SF of office space
  • Only two blocks from the Foggy Bottom Metro
  • Located between L and M Streets

Property Analytics

Current Use

Janney Montgomery Scott ... Financial Advisor [solidcore] Gym & Fitness Center Mercer Business Management Consultant Garage High School CSG Capital Partners ... Financial Advisor

Suggested Use

Top Pick Pet Grooming Service Butcher Fish Market (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care

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
$7.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

18,311
Businesses Nearby

Demographics for 20037, DC

14,945
Population
8,828
Households
1.7
Avg Household Size
29
Median Age
90%
College-Educated
99%
High-School Grad
0.7 sq mi
ZIP Area
21,350
Density / Sq Mi
$98,917
Median Household Income
$69,480
Median Earnings
$2,420
Median Rent
$743,700
Median Home Value

Market

Lease Benchmarks for Washington, DC

$44.5 /SF/Yr
Avg Asking Price
$1.8–$74 /SF/Yr
Price Range
23,450 SF
Avg Space Size

This space is priced 19% above the average of $44.5 /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 - Eight-floor office building offering 280,000 square feet near the Foggy Bottom Metro.
Where is this office building located?
The property is located at 1255 23rd St NW Washington, DC.
What is the lease rate?
The lease rate is $53 SF/Yr.
What are key features of this property?
This property features: Eight‑floor office building with 280,000 SF of office space; Only two blocks from the Foggy Bottom Metro; Located between L and M Streets
(202) 739-0363 Call to check price and availability
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