Property profile

1101 Pennsylvania NW Ave Washington, DC 20004

OFF-MARKET
Office buildings
Property ID
US16-0211998
336,271 SF 0.49 ac lot Built 1898
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office space at 1101 Pennsylvania Avenue NW, Suite 300, Washington, DC 20004, offers a prestigious address in a landmark building. The property boasts 20,475 square feet across 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features modern elevators. Suites range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to diverse business needs. The property is ideal for businesses seeking executive offices, coworking spaces, or creative office environments. Its location, just three blocks from the White House, places it within a thriving business district, surrounded by law firms, federal agencies, and professional services companies. The building offers a blend of luxurious, design-led workspaces and welcoming common areas. Convenient amenities include nearby restaurants, including a highly-rated steakhouse, and a variety of dining options. The space is fully furnished and equipped, with options ranging from serviced offices to custom solutions, including disaster recovery spaces and day offices. A comprehensive benefits program provides exclusive discounts and procurement support. This is an unparalleled opportunity to establish a presence in one of Washington, D.C.'s most desirable locations. The property is located in Washington County, District of Columbia.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1898
Construction TILT-UP CONCRETE
Total area 336,271 SF
Lot 0.49 ac (21,328 SF)
Zoning code D-7
APN 0322 0021
UPID US16-0211998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Corporate Office Factory
  • Social Service Agency Medical Clinic
  • Consultant Audio Visual Consultant
  • Law Firm

Location

1101 Pennsylvania NW Ave Washington, DC 20004-2504
Washington metro Census 5802 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.44M

Owner & transaction history

since 2010
2 recorded transactions
2010
$178.0M
1969
Price N/A

Zoning & alternative use

D-7 · Washington, DC
Zoning description

(D-6) 561 PURPOSE AND OBJECTIVE (D-6-R) 562 DENSITY - FLOOR AREA RATIO (FAR) (D-6-R) 563 HEIGHT (D-6-R) 564 FRONT BUILD-TO (D-6-R) 565 FRONT SETBACK (D-6-R) 566 USES (D-6-R) 567 DESIGN (D-6-R) 568 PURPOSE AND OBJECTIVE (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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