Property profile

1331 Pennsylvania Ave NW Washington, DC 20005

FOR LEASE
Hotels
Property ID
US16-0098291
602,234 SF 1.1 ac lot Built 1984
Individually Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,954 square foot retail space is situated at 1331 Pennsylvania Avenue NW, Washington, DC, 20004. Located on a prominent corner, this single-tenant property offers unparalleled visibility and accessibility. The space is part of a larger building totaling 691,200 square feet, ensuring a substantial presence within the District of Columbia. Its ground floor location provides direct street-level access, maximizing exposure to the high volume of pedestrian traffic along Pennsylvania Avenue. The property benefits from its proximity to key landmarks, including F Street, Metro Center, The White House, and the National Mall, guaranteeing a constant flow of potential customers. This location offers an unparalleled opportunity to establish a thriving business within a vibrant and highly visible commercial environment. The property is currently vacant, presenting a blank canvas for a discerning tenant to create a unique and impactful retail experience. The District of Columbia county location provides access to a diverse and affluent customer base. This is a rare opportunity to secure a prime retail space in one of the most sought-after locations in the nation's capital. The address is 1331 Pennsylvania Avenue NW, Washington, DC.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1984
Construction TILT-UP CONCRETE
Total area 602,234 SF
Lot 1.1 ac (47,719 SF)
Zoning code D-7
APN 0254 0838
UPID US16-0098291

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
  • Courier Service Postal Service
  • General Contractor
  • Local Government Office
  • Dental Office
  • Dental Office

Location

1331 Pennsylvania Ave NW Washington, DC 20005
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
$19.88M
Blend (final) Blend
$26.75M

Owner & transaction history

since 2009
1 recorded transaction
2009
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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