Mixed-Use Property with
For Lease
Contact for pricing
575 7th St NW, Washington, DC 20004
Historic renovation combines office, retail, arts, and restaurant components with large-building amenities.
Space Size48,307 SF
Property Size478,000 SF
Days on Market1051
Property Features for 575 7th St NW
General Information
Standard status
Active
Size
48,307 SF
Property subtype
OFFICE
Additional Details
Public Transit
Yes
Amenities
fitness facility
roof top terrace
full service health club
lobby concierge
on-site retail
on-site arts
on-site restaurants
interior arcade
courtyard
Building Details
Building Size
478,000 SF
Spaces For Lease
at 575 7th St NW Contact us- Floor
- 4
- Size
- 48,307 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE, 30 Days
- Sublease
- Yes
Terrell Place
- Newly completed, 478,000-square-foot office and retail project at Seventh and F...
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Listing Agency:
Cushman & Wakefield | Washington DC
(202) 266-1188
Listed By:
James Collins
Source:
Moodyscre
Added: Sep 27, 2023
Changed: Aug 8
Last Checked: Aug 11 at 5:55AM
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 Cushman & Wakefield | Washington DC
Investment Insights
Based on property information with market context.
Terrell Place is a mixed-use office and retail project integrating the restored 1924 Hecht Company Building, four adjoining Victorian townhouse facades forming the South Wing, and new construction east of 575 Seventh Street. The project includes office space, 29,000 square feet of art-related retail, on-site arts and restaurants, and a residential component in the historic Murray Building at 7th and E Streets.
The former Hecht's building consists of 8 stories, with restored historic facades along 7th Street and new construction on F Street. Building features include high-ceiling historic renovation and new construction, state-of-the-art building systems, an interior arcade and courtyard, ADA compliance, a full-service health club, a fitness facility, a large rooftop terrace, lobby concierge and services, and abundant parking. The property is across from the MCI Center and offers close proximity to the Metro.
The former Hecht's building consists of 8 stories, with restored historic facades along 7th Street and new construction on F Street. Building features include high-ceiling historic renovation and new construction, state-of-the-art building systems, an interior arcade and courtyard, ADA compliance, a full-service health club, a fitness facility, a large rooftop terrace, lobby concierge and services, and abundant parking. The property is across from the MCI Center and offers close proximity to the Metro.
Key Highlights
- Integration of restored 1924 Hecht Company Building, Victorian townhouse facades, and new construction
- 29,000 square feet of art‑related retail included in the project
- Former Hecht's building consists of 8 stories
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
13,855
Businesses Nearby
Explore this area
Business Placement
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
$22.43 /SF/Yr
Avg Asking Price
$10.08–$32.86 /SF/Yr
Price Range
7,962 SF
Avg Space Size
Vacancy Rate% for Office in Washington, DC
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic renovation combines office, retail, arts, and restaurant components with large-building amenities.
Where is this mixed-use property located?
The property is located at 575 7th St NW Washington, DC.
What are key features of this property?
This property features: Integration of restored 1924 Hecht Company Building, Victorian townhouse facades, and new construction; 29,000 square feet of art‑related retail included in the project; Former Hecht's building consists of 8 stories
