Historic Office and Retail
575 7th St NW, Washington, DC 20004
For Lease
Contact for pricing
Eight-story office and retail project includes restored historic facades, on-site amenities, and ADA-compliant design.
Space Size74,139 SF
Days on Market1145
Property Features for 575 7th St NW
General Information
Standard status
Size
Class
Property subtype
Site & Location
Neighborhood
Amenities
fitness facility
roof top terrace
health club
lobby concierge
on-site retail
arts and restaurants
interior arcade
courtyard
close proximity to Metro
Spaces For Lease
at 575 7th St NW
Terrell Place
AVAILABLE, Now
Floor
1-3
Size
74,139 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
FULL_SERVICE
Sublease
Yes
- Newly completed, 478,000-square-foot office and retail project at Seventh and F Streets featuring the integration of three discrete elements-the exceptionally restored 1924 Hecht Company. Building (575 Seventh Street), the adjoining facades of four Victorian townhouses (South Wing) and adjoining new construction to the east of the 575 Seventh Street (650 F Street. These three elements together form Terrell Place.
- The South Wing at Terrell Place offers a unique small building feel with the amenities and luxury of a large trophy office building (i.e. fitness facility and large roof top terrace).
- Located across from the MCI Center the building consists of 8 stories in the former Hecht's building, adjoining historic buildings on 7th Street and tower to be constructed on F St. There is 29,000 square feet of art-related retail included in the project and the residential component built in the historic Murray Bldg. at 7th & E St. The historical facades of the Hecht's building and the adjacent 7th St buildings are restored.
- The following amenities are just a few of the highlights at 575 7 St., NW: A distinctive architectural design including high ceiling historic renovation & new construction; state-of-the-art building systems, interior arcade and courtyard, ADA compliance, close proximity to the Metro; on-site retail, arts and restaurants; full service health club; lobby concierge and services; abundant parking
Contact us
Listing Agency:
Cushman & Wakefield | Washington DC
(202) 463-2100
Listed By:
James Collins
(202) 266-1188
Source:
Moodyscre
Added: Sep 27, 2023
Changed: Nov 1
Last Checked: Nov 12 at 6:45AM
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 Cushman & Wakefield | Washington DC
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Investment Insights
Based on property information with market context.
Terrell Place is a newly completed office and retail project integrating three distinct components at 575 Seventh Street and adjacent facades to the east and south. The property includes the exceptionally restored 1924 Hecht Company building and adjoining historic townhouses, with new construction elements combined into a single project presence. The building delivers an 8-story office component with features including an interior arcade and courtyard, state-of-the-art building systems, and ADA compliance.
Located at 575 7th St NW in Washington, DC, the property is described as being across from the MCI Center and close to Metro access. On-site retail and arts and restaurants are included within the project, along with abundant parking.
The listing also notes access to a full service health club, along with lobby concierge and services. The project incorporates 29,000 square feet of art-related retail as part of the overall development.
Located at 575 7th St NW in Washington, DC, the property is described as being across from the MCI Center and close to Metro access. On-site retail and arts and restaurants are included within the project, along with abundant parking.
The listing also notes access to a full service health club, along with lobby concierge and services. The project incorporates 29,000 square feet of art-related retail as part of the overall development.
Key Highlights
- Newly completed 478,000 SF office and retail project at Seventh and F Streets (Terrell Place).
- 575 Seventh Street includes an exceptionally restored 1924 Hecht Company building with restored historic facades.
- South Wing features a fitness facility and a large rooftop terrace.
Property Analytics
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Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
13,855
Businesses Nearby
Explore this area
Business Placement
Demographics for 20004, DC
1,682
Population
1,593
Households
1.1
Avg Household Size
40
Median Age
95%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
8,410
Density / Sq Mi
$161,359
Median Household Income
$133,857
Median Earnings
$2,945
Median Rent
$650,700
Median Home Value
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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
Properties on Market for Office buildings in Washington
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office building - Eight-story office and retail project includes restored historic facades, on-site amenities, and ADA-compliant design.
Where is this office building located?
The property is located at 575 7th St NW Washington, DC.
What are key features of this property?
This property features: Newly completed 478,000 SF office and retail project at Seventh and F Streets (Terrell Place).; 575 Seventh Street includes an exceptionally restored 1924 Hecht Company building with restored historic facades.; South Wing features a fitness facility and a large rooftop terrace.
