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Renovated Office Building Campus

1616 P St NW, Washington, DC 20036

For Lease
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Renovated office building with elevators, tenant-exclusive fitness center, and a new conference and rooftop meeting area.

Space Size6,871 SF
Days on Market229

Property Features for 1616 P St NW

General Information

Standard status Active
Size 6,871 SF
Property subtype OFFICE

Site & Location

Neighborhood Dupont Circle

Amenities

large outdoor courtyard and garden
2-level underground parking garage
on-site concierge service
on-site management and engineering
new state-of-the-art conference center
rooftop meeting area
fitness center with showers

Building Details

Year Renovated 2019

Spaces For Lease

at 1616 P St NW
1616 P St NW $42.75/SF/Yr
Floor 4
Size 6,871 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
- Renovated 2019: back lobby, B-1 showers & restrooms, elevators, main HVAC plant - Large outdoor courtyard and garden, suitable for social-distanced meetings - 2-level underground parking garage - On-site concierge service, and on-site management and engineering - New state-of-the-art conference center and rooftop meeting area - Fitness center with showers, exclusively for tenants - Great location: 7-minute walk to Dupont Circle Metro; 4-minute walk to Whole Foods and 14th Street Retail Corridor
Contact us
Listing Agency: Stout & Teague
Listed By: Mollye Wheeler · License DC DCSP98376244
Source: Moodyscre
Added: Mar 31 Changed: Nov 7 Last Checked: Nov 12 at 10:26AM

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 Stout & Teague

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Investment Insights

Based on property information with market context.

Renovated in 2019, this office building features upgrades including a back lobby, elevators, and an updated main HVAC plant. Building amenities include a fitness center with showers exclusively for tenants, on-site concierge service, and on-site management and engineering.

The property offers a large outdoor courtyard and garden designed for social-distanced meetings. Parking is supported by a two-level underground garage, with additional gathering space provided by a new state-of-the-art conference center and rooftop meeting area.

For day-to-day access, the building is walkable to Dupont Circle Metro, Whole Foods, and the 14th Street retail corridor, supporting convenient office use.

Key Highlights

  • Renovated in 2019: back lobby, B‑1 showers and restrooms, elevators, and main HVAC plant
  • New state‑of‑the‑art conference center and rooftop meeting area
  • 2‑level underground parking garage

Property Analytics

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

Current Use

Washington Area Clinic ... Medical Clinic Marc Lapointe Real ... Real Estate Agency State Voices Social Service Agency Namati Charitable Organization Institute On Taxation & Economic Government Economic Program

Suggested Use

Top Pick Auto Parts Store Butcher Tanning Salon Adult Day Care Pet Grooming Service Fish Market

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
$6.41 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

24,656
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Washington, DC

$41.01 /SF/Yr
Avg Asking Price
$4.5–$78 /SF/Yr
Price Range
24,547 SF
Avg Space Size

This space is priced 4% above the average of $41.01 /SF/Yr.

Properties on Market for Office buildings in Washington

Jul
Aug
Sep
Oct

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 building - Renovated office building with elevators, tenant-exclusive fitness center, and a new conference and rooftop meeting area.
Where is this office building located?
The property is located at 1616 P St NW Washington, DC.
What is the lease rate?
The lease rate is $42.75 SF/Yr.
What are key features of this property?
This property features: Renovated in 2019: back lobby, B‑1 showers and restrooms, elevators, and main HVAC plant; New state‑of‑the‑art conference center and rooftop meeting area; 2‑level underground parking garage
(202) 328-5136 Call to check price and availability
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