Managed Office
For Sale
Contact for pricing
1016 16th St NW, Washington, DC 20036
Office building features controlled access, daily floor cleaning, and common-area maintenance managed by Akridge.
Property Size4,400 SF
Days on Market912
Property Features for 1016 16th St NW
General Information
Standard status
Active
Size
4,400 SF
Property subtype
OFFICE
Listing Agency:
CBRE | Washington DC
(202) 783-8200
Listed By:
James J. Dennin
(202) 585-5643
Source:
Moodyscre
Added: Mar 28, 2024
Changed: Sep 16
Last Checked: Sep 24 at 2:58PM
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.
This managed office building includes professional management through Akridge, along with maintenance of common elements such as the lobby, elevators, roof, and facade. Building access control is provided through Datawatch, and daily cleaning of each floor plus trash removal is included.
Common-area support is handled by a full-time building engineer who maintains the common areas and addresses minor repairs and maintenance for unit owners. HVAC maintenance is also covered for roof-mounted air handlers, along with coverage of all water bills. The engineer can also coordinate with electricians and plumbers if a unit owner has a larger issue that needs additional support.
The building is designed for tenants who value a managed operating environment with established day-to-day services and ongoing common-area upkeep.
Common-area support is handled by a full-time building engineer who maintains the common areas and addresses minor repairs and maintenance for unit owners. HVAC maintenance is also covered for roof-mounted air handlers, along with coverage of all water bills. The engineer can also coordinate with electricians and plumbers if a unit owner has a larger issue that needs additional support.
The building is designed for tenants who value a managed operating environment with established day-to-day services and ongoing common-area upkeep.
Key Highlights
- Building professional management by Akridge, including maintenance of common elements like the lobby, elevators, roof, and facade
- Controlled building access through Datawatch
- Daily cleaning of each floor plus trash removal
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
29,291
Businesses Nearby
Explore this area
Business Placement
Demographics for 20036, DC
6,109
Population
4,383
Households
1.4
Avg Household Size
33
Median Age
95%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
20,363
Density / Sq Mi
$105,800
Median Household Income
$98,527
Median Earnings
$2,301
Median Rent
$442,400
Median Home Value
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Market
Vacancy Rate% for Office in Washington, DC
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Frequently Asked Questions
What type of property is this?
Office units - Office building features controlled access, daily floor cleaning, and common-area maintenance managed by Akridge.
Where is this office units located?
The property is located at 1016 16th St NW Washington, DC.
What are key features of this property?
This property features: Building professional management by Akridge, including maintenance of common elements like the lobby, elevators, roof, and facade; Controlled building access through Datawatch; Daily cleaning of each floor plus trash removal
