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.
Property Size1,500 SF
Days on Market1329
Property Features for 575 7th St NW
General Information
Standard status
Active
Size
1,500 SF
Property subtype
RETAIL
Listing Agency:
KLNB - Washington, D.C.
(202) 420-7768
Listed By:
Jennifer Price
Source:
Moodyscre
Added: Dec 9, 2022
Changed: Jul 26
Last Checked: Jul 29 at 3:56PM
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.
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
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
Market
Lease Benchmarks for Washington, DC
$41.4 /SF/Yr
Avg Asking Price
$3.24–$110 /SF/Yr
Price Range
4,655 SF
Avg Space Size
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
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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
