1101 Pennsylvania AveWashington, DC 20004

  • Office properties
  • 336,271 SF
For Lease
$93/SF/YR View listing

Property Details for 1101 Pennsylvania Ave

Year built
1898
Construction
TILT-UP CONCRETE
Lot size
0.49 AC
Property size (Sq ft)
336,271 SF
Zone code
D-7
Property type
Office properties
Property subtype
Office buildings
APN
0322 0021
APU
3220021

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $86,902,584
    6.5%
    $80,217,768
    7%
    $74,487,928
  • Comparable approach

    Method
    Valuation
    Relative Method
    $56,160,620
    Geo Method
    $56,160,620
  • Alternative Use

    Use
    Valuation
    Residential
    $99,470,032
    Hospitality
    $91,114,016
    Educational
    $75,805,792
    Medical
    $78,412,872
    Retail
    $117,920,120
1101 Pennsylvania Ave, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.8954
Longitude
-77.0274
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,567,902
$62,405,730
$123,132,590
$185,538,320
-
$62,405,730
$123,132,590
$185,538,320

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].