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Renovated Office Building Campus
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1616 P St NW, Washington, DC 20036

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

Space Size6,871 SF
Days on Market181

Property Features for 1616 P St NW

General Information

Standard status Active
Size 6,871 SF
Property subtype OFFICE

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 Contact us

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 -...
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Listing Agency: Stout & Teague
Listed By: Mollye Wheeler
Source: Moodyscre
Added: Mar 31 Changed: Sep 4 Last Checked: Sep 26 at 7:33AM

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

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

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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

$41.11 /SF/Yr
Avg Asking Price
$4.5–$74 /SF/Yr
Price Range
25,075 SF
Avg Space Size

This space is priced 4% above the average of $41.11 /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 - 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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