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Class A Corner-Lot Office Building
For Lease
$55 SF/Yr

1501 M Street Northwest, Washington, DC 20005

1991-built, multi-tenant office building offering flexible suite sizes in a downtown Washington setting.

Space SizeContact for details
Days on Market63

Property Features for 1501 M Street Northwest

General Information

Standard status Active
Class A
Property subtype Office

Building Details

Year Built 1991
Stories 11
Listing Agency:
Listed By: Lara Nealon
Source: Cbre
Added: Jun 11 Changed: Aug 8 Last Checked: Jun 13 at 3:37AM

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 Lara Nealon

Investment Insights

Based on property information with market context.

Constructed in 1991 and designed by Hartman-Cox Architects, 1501 M Street NW is an 11-story Class A corner-lot office building. The exterior features an iconic turret, dome, and arches with a limestone façade. Inside, the building is described as having mahogany and marble interiors, along with unobstructed daylight.

The property is positioned for access in downtown Washington, D.C., and the remarks note flexible availability, ranging from smaller suites to full-floor opportunities. This configuration supports a variety of office occupancy needs within the same building.

For tenants evaluating their next space, the combination of a durable, architecturally significant build and flexible suite or full-floor options can simplify office planning across different team sizes. The building’s daylight-forward layout may also support work environments where natural light is a priority. Prospective occupants can explore available layouts that fit their operational footprint, from smaller suite requirements to organizations seeking larger, floor-based accommodations.

Key Highlights

  • 1991‑built, multi‑tenant office building in downtown Washington, D.C.
  • 11‑story Class‑A corner‑lot building.
  • Iconic turret, dome, and arches with striking limestone façade.

Property Analytics

Current Use

MillerCoors, LLC Brewery & Distillery Coors Brewery Co Big Box & Wholesale Store Cornerstone Cafe Restaurant JAMES C. PYLES Law Firm American Benefits Council Charitable Organization

Suggested Use

Top Pick Butcher Tanning Salon Adult Day Care Clothing & Fashion Store (Bike/Boat/Book/etc) Store Buffet

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
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

14,675
Businesses Nearby

Demographics for 20005, DC

12,953
Population
9,558
Households
1.4
Avg Household Size
35
Median Age
80%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
32,383
Density / Sq Mi
$111,960
Median Household Income
$100,188
Median Earnings
$2,223
Median Rent
$636,000
Median Home Value

Market

Lease Benchmarks for Washington, DC

$44.5 /SF/Yr
Avg Asking Price
$1.8–$74 /SF/Yr
Price Range
23,450 SF
Avg Space Size

This space is priced 24% above the average of $44.5 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office building - 1991-built, multi-tenant office building offering flexible suite sizes in a downtown Washington setting.
Where is this office building located?
The property is located at 1501 M Street Northwest Washington, DC.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: 1991‑built, multi‑tenant office building in downtown Washington, D.C.; 11‑story Class‑A corner‑lot building.; Iconic turret, dome, and arches with striking limestone façade.
More about this property
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