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Two-Level Office Unit
New
For Lease
$6,281/Mo NNN

5117 MACARTHUR BOULEVARD NW, Washington, DC 20016

A lower-level lobby and upper-floor studio create a split-level workspace.

Space SizeContact for details
Property Size2,924 SF
Days on Market4

Property Features for 5117 MACARTHUR BOULEVARD NW

General Information

Standard status Active
Size 2,924 SF
Total Parking Spaces 1
Property subtype Retail
Lease Type NNN

Additional Details

Space Use Office

Building Details

Building Size 2,924 SF
Year Built 1927
Listing Agency: Taylor Properties
Listed By: Daniel A Carrillo · License #SP98366656
Source: Kerishull
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:29PM

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 Taylor Properties

Investment Insights

Based on property information with market context.

This 2,924-square-foot office unit spans two levels, with a lobby below and a studio/office area upstairs. Hardwood flooring, recessed lights and a second-floor skylight are among its interior features. The property was built in 1927, and the lease is NNN.

The unit is on MacArthur Boulevard NW in Washington, DC’s Palisades neighborhood. Signage is an available opportunity, and one assigned parking space is included.

Key Highlights

  • 2,924‑square‑foot office unit arranged across two levels
  • Lower‑level lobby with an upstairs studio/office area
  • Hardwood floors, recessed lighting and a second‑floor skylight

Property Analytics

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Current Use

Chen's Gourmet Restaurant Greenfield Wellness Medical Clinic

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Restaurant Electrical Service Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 20016, DC

35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
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

$31.83 /SF/Yr
Avg Asking Price
$2.31–$81.96 /SF/Yr
Price Range
9,856 SF
Avg Space Size

This space is priced 19% below the average of $31.83 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A lower-level lobby and upper-floor studio create a split-level workspace.
Where is this office units located?
The property is located at 5117 MACARTHUR BOULEVARD NW Washington, DC.
What is the lease rate?
The lease rate is $6,281/Mo.
What are key features of this property?
This property features: 2,924‑square‑foot office unit arranged across two levels; Lower‑level lobby with an upstairs studio/office area; Hardwood floors, recessed lighting and a second‑floor skylight
More about this property
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