1101 Pennsylvania AveWashington, DC 20004
- Office properties
- 336,271 SF
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
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
Comparable in this City
Similar Nearby for Lease
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.
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- 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.
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