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    1363 Connecticut Ave Washington, DC 20036

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Dupont location, multiple suites available.

    Lot size:
    21,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story building, totaling 21,000 square feet, offers a unique blend of office and retail space in the heart of Washington, D.C.'s Dupont Circle submarket. Located at 1363 Connecticut Ave NW, zip code 20036, this property boasts magnificent views overlooking Dupont Circle and major thoroughfares. The building features a beautifully restored interior, combining classic charm with modern functionality. Office space, totaling 13,000 square feet, is spread across three upper floors, offering configurations suitable for creative, traditional, or executive office uses. The ground floor comprises 8,000 square feet of prime retail space on Connecticut Avenue. Currently, there are multiple spaces available, ranging from 476 to 2,222 contiguous square feet. The largest contiguous space available is 2,222 square feet. The building is conveniently situated directly across from the Metrorail station, providing easy access to public transportation and placing it in the center of Dupont Circle's vibrant shopping, dining, and entertainment scene. The property is anchored by Truist Bank, adding to its prestige and stability. This is a rare opportunity to secure commercial space in one of Washington D.C.'s most desirable locations. The building is located in Washington County, District of Columbia.

    Property Features for 1363 Connecticut Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,000 SF
    Total Rate
    61250

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Suite M-110
    Size
    476 SF
    Rate per SF
    $37
    Space
    Suite 100
    Size
    1,050 SF
    Rate per SF
    $75
    Space
    Suite 310
    Size
    2,060 SF
    Rate per SF
    $35

    HighLights

    • 21,000 SF of commercial space in the Dupont Circle submarket.
    • 13,000 SF of renovated office space on the upper three floors.
    • 8,000 SF of prime retail space on Connecticut Avenue.
    • Abundant natural light, clean lines, and high ceilings.
    • Ground floor currently occupied by Truist Bank.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Washington
    County
    Washington
    State
    District of Columbia
    Longitude
    -77.036292394547
    Latitude
    38.919165733229

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    FAQs

    What type of property is this?
    Office space - Prime Dupont location, multiple suites available.
    Where is this office space located?
    The property is located at 1363 Connecticut Ave Washington, DC.
    What is the lease rate?
    The lease rate is $35-$75 SF/Yr.
    What are key features of this property?
    This property features: 21,000 SF of commercial space in the Dupont Circle submarket.; 13,000 SF of renovated office space on the upper three floors.; 8,000 SF of prime retail space on Connecticut Avenue.
    Request Owner's contact information
    1363 Connecticut Ave Washington, DC 20036
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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
    1363 Connecticut Ave Washington, DC 20036
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