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Freestanding Office Building with Rooftop Terrace
For Lease
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501 3rd Street NW, Washington, DC 20001

Enjoy rooftop terrace views, tenant amenities, and immediate I-395 access in the Capitol Hill corridor.

Space Size6,650 SF - 23,071 SF
Property Size226,000 SF
Days on Market83

Property Features for 501 3rd Street NW

General Information

Standard status Active
Size 6,650 SF - 23,071 SF
Total Parking Spaces 300
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Building Size 226,000 SF
Stories 11

Spaces For Lease

at 501 3rd Street NW Contact us

Suite 210 $48/SF/Yr

Size
6,650 SF
Term
Negotiable
Contact us

Suite 230 $48/SF/Yr

Size
10,511 SF
Term
Negotiable
Contact us

Suite 300 $49/SF/Yr

Size
23,071 SF
Term
Negotiable
Contact us

Suite 400 $49/SF/Yr

Size
23,071 SF
Term
Negotiable
Contact us

Suite 500 $49/SF/Yr

Size
23,071 SF
Term
Negotiable
Contact us

Suite 900 $51/SF/Yr

Size
19,723 SF
Term
Negotiable
Contact us
Listing Agency: Lincoln Property Company | Washington DC
Listed By: Merrill Turnbull
Source: Lpc
Added: Jun 2 Changed: Aug 8 Last Checked: Aug 23 at 3:20AM

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 Lincoln Property Company | Washington DC

Investment Insights

Based on property information with market context.

This freestanding office building is designed for flexible workplace use with windows on all four sides and a rooftop terrace offering views of the Capitol Dome and Washington Monument. The building includes an on-site conference facility sized for up to 75 people, plus a tenant-only fitness center. An on-site deli supports day-to-day convenience for staff and visiting teams.

Located on Capitol Hill, the property provides immediate access to the I-395 entrance for quick regional connectivity. It is one block from the Judiciary Square Metro Station on the Red Line, and offers walkable access to Union Station. The building is also adjacent to the Capitol Crossing development with 55,000 SF of retail, giving tenants convenient options beyond the building itself.

This setup is well-suited to office tenants that value in-building support for meetings and wellness, while also wanting straightforward transit and highway access. The combination of prominent views, dedicated amenities, and a freestanding configuration can be attractive for companies seeking a professional headquarters feel with practical everyday functionality.

Key Highlights

  • Rooftop terrace with views of the Capitol Dome and Washington Monument
  • Freestanding building with windows on all 4 sides
  • On‑site conference facility for up to 75 people

Property Analytics

Current Use

Children's Law Center Law Firm Code-CWA Association / Organization Jack's Famous Deli Food Market Newspaper Guild CWA Advocacy Group Nabet-CWA Advocacy Group

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Tattoo & Piercing Shop Discount Store Electrical Service Pet Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,413
Businesses Nearby

Demographics for 20001, DC

49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value

Market

Lease Benchmarks for Washington, DC

$48.39 /SF/Yr
Avg Asking Price
$27.5–$74 /SF/Yr
Price Range
23,558 SF
Avg Space Size

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 - Enjoy rooftop terrace views, tenant amenities, and immediate I-395 access in the Capitol Hill corridor.
Where is this office building located?
The property is located at 501 3rd Street NW Washington, DC.
What are key features of this property?
This property features: Rooftop terrace with views of the Capitol Dome and Washington Monument; Freestanding building with windows on all 4 sides; On‑site conference facility for up to 75 people
More about this property
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