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Medical Office Condo in High-Rise
For Lease
$3,850/Mo

3 WASHINGTON CIRCLE NW, Washington, DC 20037

Medical office space in a mixed-use high-rise condominium with leased parking spaces available.

Space SizeContact for details
Days on Market62

Property Features for 3 WASHINGTON CIRCLE NW

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Commercial

Building Details

Year Built 1981
Listing Agency: Triple Net Investment Group LLC
Listed By: Robert Gamzeh
Source: Elliman
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 11 at 8:15AM

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 Triple Net Investment Group LLC

Investment Insights

Based on property information with market context.

The offering is a medical office space within a high-rise condominium building that includes both residential units and multiple office condos. The property is described as having fee simple ownership, providing direct ownership of the office component. Parking is available via three parking spaces for lease.

The building is located in the Foggy Bottom area near Washington Circle. Public transportation access is supported by its walking distance to the Foggy Bottom/GWU metro station, which services the Orange and Blue lines. The property is also noted as very walkable and served by good transit.

This configuration suits medical users seeking an office-condo arrangement in a mixed-use building with nearby transit. The availability of leased parking spaces can help support day-to-day patient and staff access, while the location’s walkability and metro proximity support regular visits and commuting.

Key Highlights

  • Year built 1981 high‑rise condominium building in the Foggy Bottom/Washington Circle area
  • Medical office space with fee simple ownership, plus three parking spaces available for lease
  • Mixed‑use building with over 50 residential units and multiple office condos

Property Analytics

Current Use

Tim Fencing Washington ... General Contractor K Street Dental ... Dental Office Anant Corporation (Bike/Boat/Book/etc) Store Hassan E. Chehayeb ... Dental Office Mahshid Majlessi Koopaeei, ... Dental Office

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

Location Intelligence

Trade Area within ½ mile

17,858
Businesses Nearby
Under-served
Demand for This Use

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

$34.14 /SF/Yr
Avg Asking Price
$3.24–$45 /SF/Yr
Price Range
5,149 SF
Avg Space Size

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?
Medical Office Space - Medical office space in a mixed-use high-rise condominium with leased parking spaces available.
Where is this medical office space located?
The property is located at 3 WASHINGTON CIRCLE NW Washington, DC.
What is the lease rate?
The lease rate is $3,850/Mo.
What are key features of this property?
This property features: Year built 1981 high‑rise condominium building in the Foggy Bottom/Washington Circle area; Medical office space with fee simple ownership, plus three parking spaces available for lease; Mixed‑use building with over 50 residential units and multiple office condos
More about this property
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