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Office Building Rooftop Terrace
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701 Pennsylvania Ave NW, Washington, DC 20004

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 Market1276

Property Features for 701 Pennsylvania Ave NW

General Information

Standard status Active
Size 5,896 SF
Property subtype OFFICE

Additional Details

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 Contact us

Market Square East Tower

Floor
5
Size
5,896 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 40,000 SF typical floorplates - Dramatic lobby entrance featuring 24-hour security...
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Listing Agency: JLL | Washington DC
Listed By: Mac Hall · License #0225250272
Source: Moodyscre
Added: Feb 14, 2023 Changed: Aug 8 Last Checked: Aug 12 at 9:39AM

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

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

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

Market

Lease Benchmarks for Washington, DC

$44.5 /SF/Yr
Avg Asking Price
$1.8–$74 /SF/Yr
Price Range
23,450 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 - 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 Call to check price and availability
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