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Office Building Rooftop Terrace

701 Pennsylvania Ave NW, Washington, DC 20004

For Lease
Contact for pricing

Office building with newly delivered rooftop terrace, fitness center, conferencing facility, and on-site metro access with underground parking.

Space Size5,896 SF
Days on Market1370

Property Features for 701 Pennsylvania Ave NW

General Information

Standard status Active
Size 5,896 SF
Property subtype OFFICE

Site & Location

Neighborhood East End
Public Transit Yes

Amenities

24-hour security
concierge service
fitness center
studio-style cycling room
deluxe locker rooms
conferencing facility
executive locker rooms
rooftop terrace
outdoor kitchen
pergola cover
seating for over 55 guests
curved windows
clean architectural lines
bright, well-lit atmosphere
LEED-EBOM Gold
Energy Star-Rated
stunning views of US Capitol, Washington Monument, Archives Museum, and Pennsylvania Avenue

Building Details

Parking Ratio 0.83 per 1,000 SF

Spaces For Lease

at 701 Pennsylvania Ave NW
Market Square East Tower AVAILABLE, Now
Floor 5
Size 5,896 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 40,000 SF typical floorplates - Dramatic lobby entrance featuring 24-hour security and concierge service - Newly renovated fitness center featuring a studio-style cycling room and deluxe locker rooms - Newly delivered conferencing facility with executive locker rooms - Newly delivered rooftop terrace with expansive views of Washington, DC - On-site access to the metro (green and yellow lines) and n close proximity to red line - Underground Parking (1:1,200 SF) - LEED-EBOM Gold & Energy Star-Rated - Prime access to DC’s illustrious Penn Quarter with dining and entertainment options, district museums and walking distance to the National Mall - Stunning views of the US Capitol, Washington Monument, Archives Museum, & Pennsylvania Avenue - 9,000 SF at 801 Pennsylvania Avenue delivered in 2020 - Outdoor kitchen - Pergola cover - Seating for over 55 guests - Shared by office tenants at 701 & 801 Pennsylvania Avenue - Curved windows, clean architectural lines, and a bright, well-lit atmosphere enhance the already appealing in-house amenities and office set-up. - Additional property features include - 40,000 SF typical floorplates - Dramatic lobby entrance featuring 24-hour security and concierge service - Newly renovated fitness center featuring a studio-style cycling room and deluxe locker rooms - Newly delivered conferencing facility with executive locker rooms - Newly delivered rooftop terrace with expansive views of Washington, DC - On-site access to the metro (green and yellow lines) and close proximity to red line - Underground Parking (1:1,200 SF) - LEED-EBOM Gold & Energy Star-Rated - Prime access to DC’s illustrious Penn Quarter with dining and entertainment options, district museums and walking distance to the National Mall
Contact us
Listing Agency: JLL | Washington DC
Listed By: Mac Hall · License DC SP98377598
Source: Moodyscre
Added: Feb 14, 2023 Changed: Nov 13 Last Checked: Nov 12 at 6:28AM

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 JLL | Washington DC

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Investment Insights

Based on property information with market context.

701 Pennsylvania Ave NW, Washington, DC 20004 offers office use with 40,000 SF typical floorplates and a dramatic lobby entrance featuring 24-hour security and concierge service. The building includes a newly renovated fitness center with a studio-style cycling room and deluxe locker rooms, along with a newly delivered conferencing facility with executive locker rooms.

Amenities also include a newly delivered rooftop terrace with expansive views of Washington, DC, plus an outdoor kitchen, pergola cover, and seating for over 55 guests. The rooftop terrace and shared amenities are shared by office tenants at 701 and 801 Pennsylvania Avenue.

Transportation access is a key feature, with on-site access to the metro (green and yellow lines) and close proximity to the red line. The property provides underground parking at a 1:1,200 SF ratio and is LEED-EBOM Gold and Energy Star-rated. A 9,000 SF delivered space at 801 Pennsylvania Avenue was delivered in 2020.

Key Highlights

  • 40,000 SF typical floorplates
  • Newly delivered rooftop terrace with outdoor kitchen, pergola cover, and seating for over 55 guests
  • 24‑hour security and concierge service in a dramatic lobby entrance

Property Analytics

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

Current Use

Holland & Hart LLP Law Firm cdb consultancy, LLC Loan Service US Navy Memorial ... Memorial Park Cigna Corporate Office Market Square Property Management Company

Suggested Use

Top Pick Veterinary Clinic Butcher Pet Grooming Service Tanning Salon Clothing & Fashion Store Adult Day Care

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

13,182
Businesses Nearby

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
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

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 - Office building with newly delivered rooftop terrace, fitness center, conferencing facility, and on-site metro access with underground parking.
Where is this office building located?
The property is located at 701 Pennsylvania Ave NW Washington, DC.
What are key features of this property?
This property features: 40,000 SF typical floorplates; Newly delivered rooftop terrace with outdoor kitchen, pergola cover, and seating for over 55 guests; 24‑hour security and concierge service in a dramatic lobby entrance
(202) 719-5019 · Office Call to check price and availability
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