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Corner Retail Former Bank Branch
For Lease
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1301 Pennsylvania Ave NW, Washington, DC 20004

Corner storefront available with non-vented configuration, formerly a bank branch with vault removed.

Property Size2,047 SF
Days on Market974

Property Features for 1301 Pennsylvania Ave NW

General Information

Standard status Active
Size 2,047 SF
Property subtype RETAIL
Listing Agency: CBRE | Washington DC
Listed By: Jared Meier
Source: Moodyscre
Added: Nov 29, 2023 Changed: Jul 27 Last Checked: Jul 30 at 11:59AM

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 CBRE | Washington DC

Investment Insights

Based on property information with market context.

Available for rent, this corner retail storefront was previously a bank branch; the vault has been removed, and the space is identified as non-vented. The configuration supports retail use for an incoming tenant.

The property is positioned across from Freedom Plaza, with the Warner Theater directly across 13th Street. The remarks also cite proximity to Metro Center and Federal Triangle Metro stops (Metro lines #2 and #3 busiest in the system) and a nearby cluster of tourism and employment activity, including the White House and National Mall two blocks away.

For tenants evaluating foot traffic and visibility in the Nation’s Capital core, the location is described as part of a concentrated trade area anchored by major federal and cultural institutions.

Key Highlights

  • Corner retail storefront available with a non‑vented configuration
  • Former bank branch building with the vault removed
  • Freedom Plaza is across the street

Property Analytics

Current Use

Kirkland & Ellis LLP Law Firm Life Insurance Consumers ... Insurance Agency Naviance Llc College Udall Foundation Government Office National Black Caucus Charitable Organization

Suggested Use

Top Pick Auto Parts Store Veterinary Clinic Tanning Salon Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store

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

18,012
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 38% Dining 34% Shops & Services 28%
McDonald's Dining
24,382 visits/mo 0.2 miles
Washington Marriott At Metro Center Hotels & Casinos
24,363 visits/mo 0.1 miles
TD Bank Shops & Services
11,904 visits/mo 0.4 miles
HSBC Shops & Services
6,258 visits/mo 0.4 miles
Moxy Hotels Hotels & Casinos
5,828 visits/mo 0.4 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

4.9% 2019
5.4% 2020
5.6% 2021
4.8% 2022
4.6% 2023
4.2% 2024
4.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Corner storefront available with non-vented configuration, formerly a bank branch with vault removed.
Where is this retail space located?
The property is located at 1301 Pennsylvania Ave NW Washington, DC.
What are key features of this property?
This property features: Corner retail storefront available with a non‑vented configuration; Former bank branch building with the vault removed; Freedom Plaza is across the street
(410) 963-5654 Call to check price and availability
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