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Divisible 6th-Floor Office Suite
For Lease
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701 Pennsylvania Ave NW, Washington, DC 20004

Entire 6th floor office suite at 701 Pennsylvania Ave NW, offering divisible floor-plate flexibility for tenants.

Space Size38,763 SF
Days on Market550

Property Features for 701 Pennsylvania Ave NW

General Information

Standard status Active
Size 38,763 SF
Class Trophy asset
Property subtype OFFICE

Site & Location

Neighborhood East End

Spaces For Lease

at 701 Pennsylvania Ave NW
701 Pennsylvania Ave NW AVAILABLE, Now
Floor 6
Size 38,763 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- 701 Penn overlooks Pennsylvania Avenue, the National Archives, and the Navy Memorial, and is one block from the National Mall. - 701 Penn is located in Penn Quarter, one of the most vibrant neighborhoods within the District of Columbia. Capital One Arena, home of the NHL’s Washington Capitals and the NBA’s Washington Wizards, and the Smithsonian National Portrait Gallery, are located just three blocks to the north. DC’s theater district, including the Shakespeare, the National, Ford’s, and the Warner, is located only a few blocks to the west. - This property is a DC Trophy Asset - Suite 600 is the entire 6th floor - Space is divisible
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Listing Agency: KLNB - Washington, D.C.
Listed By: Harry Dematatis
Source: Moodyscre
Added: Apr 28, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:56AM

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.

Rey
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Investment Insights

Based on property information with market context.

701 Pennsylvania Ave NW is an office building with a suite configuration that includes Suite 600 as the entire 6th floor. The available space is divisible, providing flexibility for different office layouts.

The building overlooks Pennsylvania Avenue and is one block from the National Mall. It is also positioned near prominent downtown destinations, including the National Archives and the Navy Memorial.

Suites in this building are sized for practical office use, and Suite 600 represents the full 6th-floor offering with divisibility for tenants seeking a customized footprint.

Key Highlights

  • Entire 6th floor office suite at 701 Pennsylvania Ave NW (Suite 600)
  • Space is divisible, allowing reconfiguration for multiple tenant layouts
  • Located in Penn Quarter, one block from the National Mall

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Holland & Hart LLP Law Firm cdb consultancy, LLC Loan Service US Navy Memorial ... Memorial Park Cigna Corporate Office Market Square Property Management Company

Suggested Use

Top Pick Veterinary Clinic Butcher Pet Grooming Service Tanning Salon Clothing & Fashion Store 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

13,182
Businesses Nearby

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
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Market

Lease Benchmarks for Washington, DC

$33.46 /SF/Yr
Avg Asking Price
$2.31–$81.96 /SF/Yr
Price Range
10,410 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

Frequently Asked Questions

What type of property is this?
Office unit - Entire 6th floor office suite at 701 Pennsylvania Ave NW, offering divisible floor-plate flexibility for tenants.
Where is this office unit located?
The property is located at 701 Pennsylvania Ave NW Washington, DC.
What are key features of this property?
This property features: Entire 6th floor office suite at 701 Pennsylvania Ave NW (Suite 600); Space is divisible, allowing reconfiguration for multiple tenant layouts; Located in Penn Quarter, one block from the National Mall
(202) 420-7778 Call to check price and availability
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