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    505 9Th St Washington, DC 20004

    Sponsored
    For Lease
    Contact for pricing

    Stunning 2,565 sq ft Office Suite

    Lot size:
    2,565 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A executive office suite, totaling 2,565 square feet, is available for lease at 505 9th Street NW in Washington, D.C.'s vibrant Northwest quadrant. Located in the District of Columbia County, this single-tenant space offers unparalleled convenience and prestige. The entire suite is currently vacant, providing a blank canvas for your business to flourish. The property's "A" classification signifies its high-quality construction, modern amenities, and desirable location. The address, 505 9th Street NW, places your business in a prime location within the city, offering easy access to major transportation routes, and a wealth of nearby amenities. This is an exceptional opportunity for a business seeking a sophisticated and efficient workspace in the heart of Washington, D.C. The 2,565 square feet provide ample room for a variety of office configurations, allowing for customization to meet your specific needs. The property's single-tenant occupancy ensures privacy and control over your workspace. With its ideal location, impressive size, and Class A designation, this executive office suite represents a rare opportunity in the competitive Washington, D.C. market. The zip code is 20004. This property is ready for immediate occupancy.

    Property Features for 505 9Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,565 SF
    Class
    A

    Unit(s) available at that property

    Space
    Suite 1
    Size
    2,565 SF

    HighLights

    • Class A office building in Penn Quarter.
    • 2,565 SF space with Type II venting.
    • Expansion potential to 28,725 SF across two lower levels.
    • Outdoor seating possibility.
    • Building 90% leased.
    • Prime location near Penn Social, Minibar, Barmini, Farmbird, Shake Shack, and Mi Vida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Merchants Capital Corp Financial Institution Blink Charging Station Electric Vehicle Charging Station Radpac Medical Diagnostic Imaging Center ACR College EngenderHealth Non-Profit Organization

    Suggested Use

    Spa & Massage Hair Salon Dental Office Realty agency Nail Salon Restaurant Building Supply Clothing Store Daycare Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.0235796
    Latitude
    38.8965194

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    FAQs

    What type of property is this?
    Office Property / Space - Stunning 2,565 sq ft Office Suite
    Where is this office property / space located?
    The property is located at 505 9Th St Washington, DC.
    What are key features of this property?
    This property features: Class A office building in Penn Quarter.; 2,565 SF space with Type II venting.; Expansion potential to 28,725 SF across two lower levels.
    Request Owner's contact information
    505 9Th St Washington, DC 20004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 9Th St Washington, DC 20004
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