Retail Space in Penn
For Lease
Contact for pricing
575 7th St NW, Washington, DC 20004
Retail space in Penn Quarter near Terrell Place and Capitol One Arena.
Space Size1,500 SF
Days on Market1420
Property Features for 575 7th St NW
General Information
Standard status
Active
Size
1,500 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Northwest
Spaces For Lease
at 575 7th St NW
Terrell Place
AVAILABLE, Now
Floor
1
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Washington, DC is home to an ever growing population that brings energy and excitement to its distinct neighborhoods identified by their history, culture and architecture. Located north of Pennsylvania Avenue and east of DC’s central business district, Penn Quarter is the embodiment of all that makes DC interesting.
- With a back drop of historic architecture and cultural institutions like the National Portrait Gallery this neighborhood has long been an attraction for tourists and locals alike, brining millions of people through its streets each year.
- Anchored by the Capitol One Arena and a robust daytime population, Penn Quarter is a thriving live, work, play neighborhood with renowned restaurants and shops to that draw crowds day after day. Terrell Place is at the center of it all.
Contact us
Listing Agency:
KLNB - Washington, D.C.
(202) 375-7500
Listed By:
Jennifer Price
(202) 420-7768
Source:
Moodyscre
Added: Dec 9, 2022
Changed: Oct 25
Last Checked: Oct 28 at 12:25PM
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 KLNB - Washington, D.C.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-rent retail space is located at 575 7th St NW and offers approximately 1,500 square feet of retail space. The property is positioned within Penn Quarter, a neighborhood described as north of Pennsylvania Avenue and east of Washington, DC’s central business district.
Penn Quarter is characterized in the provided information as being centered around Terrell Place and anchored by Capitol One Arena, with a robust daytime population. The area is also described as a draw for both tourists and locals, supported by historic architecture and cultural institutions in the surrounding district.
For tenants seeking a presence in a high-activity, entertainment-and-destination retail corridor, this space provides a compact footprint in the Penn Quarter area.
Penn Quarter is characterized in the provided information as being centered around Terrell Place and anchored by Capitol One Arena, with a robust daytime population. The area is also described as a draw for both tourists and locals, supported by historic architecture and cultural institutions in the surrounding district.
For tenants seeking a presence in a high-activity, entertainment-and-destination retail corridor, this space provides a compact footprint in the Penn Quarter area.
Key Highlights
- Retail space in Penn Quarter near Terrell Place and Capitol One Arena
- Penn Quarter is located north of Pennsylvania Avenue and east of DC’s central business district
- Terrell Place is described as being at the center of Penn Quarter
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
13,855
Businesses Nearby
121k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 30%
Dining 28%
Groceries 23%
Shops & Services 18%
Safeway
Groceries
28,133 visits/mo
0.5 miles
McDonald's
Dining
24,382 visits/mo
0.5 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.3 miles
TD Bank
Shops & Services
11,904 visits/mo
0.2 miles
Hampton Inn Washington Downtown Convention Center
Hotels & Casinos
6,622 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Washington, DC
$38.07 /SF/Yr
Avg Asking Price
$3.24–$81.96 /SF/Yr
Price Range
6,644 SF
Avg Space Size
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Penn Quarter near Terrell Place and Capitol One Arena.
Where is this retail space located?
The property is located at 575 7th St NW Washington, DC.
What are key features of this property?
This property features: Retail space in Penn Quarter near Terrell Place and Capitol One Arena; Penn Quarter is located north of Pennsylvania Avenue and east of DC’s central business district; Terrell Place is described as being at the center of Penn Quarter
