Franklin Tower - Office Space Availability

For Lease$40 - $49.5/Sqft/Year See below for details.

1401 Eye Street NW, Washington, DC 20005

  • Office
  • 26,974 Sqft

Franklin Tower, Washington, DC 20005 - Office Space for rent

Franklin Tower is located at 1401 Eye Street NW in the Downtown Washington neighborhood, DC, Washington, 20005. The Class A Office building was completed in 1965 and features a total of 226,530 Sqft. There are 5 Office spaces available for lease at 1401 Eye Street NW, Washington, DC, 20005, totaling 26,974 Sqft. The largest space available has 8,893 Sqft and a rental rate of $42 - $46/Sqft/Year.

There are 665 office spaces for lease in the Downtown Washington neighborhood, totaling 6,119,880 Sqft of available office space. The office space availability for the 20005 zip code is 2,941,191 Sqft, in 302 office spaces. The average asking office rent per sq. ft. in Downtown Washington is $50.62/sqft/year. For Class A+ office buildings the average office rate is $52.94/sqft/year, for Class A office buildings the average office rate is $54.9/sqft/year, for Class B office buildings the average office rate is $46.94/sqft/year, for Class C office buildings the average office rate is $42.13/sqft/year.

In Downtown Washington, there are 88 class A office buildings. In Downtown Washington, there are a total of 53 LEED certified office buildings. In 1965, the same year Franklin Tower was built, 3 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Washington, featuring 1,820,596 square feet of commercial space. At zip code level, there are 95 commercial properties, of which 95 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $40 - $49.5/Sqft/Year
  • City Washington
  • Neighborhood Downtown Washington
  • Zip Code 20005
  • Market Washington DC Suburban Maryland
  • Property Type Office
  • Property Size 226,530 Sqft
  • Parking Ratio 0.71/ 1,000 SF
  • Building Class A
  • Year Built 1965
  • Date Updated 11 Aug, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Suite 200 General Office $42 - $46/Sqft/Year 8,893 Sqft
  • Suite Suite 200
  • Space Number 200
  • Space Type General Office
  • Total Space Available 8,893 Sqft
  • Floor From 2 To 2
  • Divisible Space Yes
  • Min Divisible 3,500 Sqft
  • Max Contiguous 8,893 Sqft
  • Lease Rate $42 - $46/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Richard Tonner

Cushman & Wakefield

(202) 463-1112

Christopher Getz

Cushman & Wakefield

(202) 463-1128

James E. Collins

Cushman & Wakefield

Suite 1010 General Office $48/Sqft/Year 4,403 Sqft
  • Suite Suite 1010
  • Space Number 1010
  • Space Type General Office
  • Total Space Available 4,403 Sqft
  • Floor From 10 To 10
  • Divisible Space Yes
  • Min Divisible 2,500 Sqft
  • Max Contiguous 4,403 Sqft
  • Lease Rate $48/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Richard Tonner

Cushman & Wakefield

(202) 463-1112

Christopher Getz

Cushman & Wakefield

(202) 463-1128

James E. Collins

Cushman & Wakefield

Suite 330 General Office $40/Sqft/Year 3,435 Sqft
  • Suite Suite 330
  • Space Number 330
  • Space Type General Office
  • Total Space Available 3,435 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 3,435 Sqft
  • Max Contiguous 3,435 Sqft
  • Lease Rate $40/Sqft/Year
  • Possession Type Immediate
  • Possession Date Wednesday, May 1, 2019
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Richard Tonner

Cushman & Wakefield

(202) 463-1112

Christopher Getz

Cushman & Wakefield

(202) 463-1128

James E. Collins

Cushman & Wakefield

Partial 12 Floor General Office $49.5/Sqft/Year 5,773 Sqft
  • Suite Partial 12 Floor
  • Space Type General Office
  • Total Space Available 5,773 Sqft
  • Floor From 12 To 12
  • Divisible Space No
  • Min Divisible 5,773 Sqft
  • Max Contiguous 5,773 Sqft
  • Lease Rate $49.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Richard Tonner

Cushman & Wakefield

(202) 463-1112

Christopher Getz

Cushman & Wakefield

(202) 463-1128

James E. Collins

Cushman & Wakefield

Suite 520 General Office $44/Sqft/Year 4,470 Sqft
  • Suite Suite 520
  • Space Number 520
  • Space Type General Office
  • Total Space Available 4,470 Sqft
  • Floor From 5 To 5
  • Divisible Space Yes
  • Min Divisible 2,500 Sqft
  • Max Contiguous 4,470 Sqft
  • Lease Rate $44/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Richard Tonner

Cushman & Wakefield

(202) 463-1112

Christopher Getz

Cushman & Wakefield

(202) 463-1128

James E. Collins

Cushman & Wakefield

Description

Franklin Tower, home to many Fortune 50 companies, is an optimal location for the image-sensitive corporate, federal affairs or professional service groups. With on-site property management, a full time concierge and lobby attendant, Franklin Tower provides first-class service to tenants. Added benefits enjoyed by all tenants include * A windowed, state of the art fitness facility complete with men and women's shower rooms ú A landscaped roof terrace with sweeping views across Franklin Square, toward the Capitol and Washington Monument. * Uniquely positioned private parking garage with quick and easy in-and-out accessibility via three points of entry off on Eye, Fourteenth and K Streets, NW - Valet parking is also available. * A free standing building with an expansive window line providing views across Franklin Square and along the Fourteenth and Eye Street corridors. * Immediate adjacency to the McPherson Square Metro Station (blue and orange lines). Tenants likewise enjoy building operation hours on Monday through Friday from 7:00 AM to 7:00 PM, and Saturday from 9:00 AM to 4:00 PM. Finally, Franklin Tower boasts seven high-speed elevators (one dedicated freight elevator), 24-hour security, and tenant controlled, computer monitored variable air volume (VAV) system.

Highlights

  • Locker Room
  • Showers
  • Rooftop Terrace

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at Franklin Tower?

There are currently 5 office spaces in this building.

What is the largest space available at Franklin Tower?

Currently, the largest rentable space at Franklin Tower totals 8,893 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at Franklin Tower is $42 - $46/Sqft/Year per square foot.

What is the total square footage of Franklin Tower?

Franklin Tower totals 226,530 square feet.

When was this property built?

Franklin Tower was built in 1965.

Downtown Washington Demographics

The average household income in zip code 20005 is $123,979, from a total of 8,137 households. In terms of employment, there are 97.50 % white-collar and 2.50 % blue-collar jobs in zip code 20005.

Population

  • Total Population10,893
  • Male Population(48.6 %) 5,289
  • Female Population(51.5 %) 5,605
  • Median Age32.00

Income/Financial

  • Average Household Income$100,896
  • Median Household Income$91,582
  • Median Income Under 25$51,656
  • Median Income 25-44$102,480
  • Median Income 45-64$91,177
  • Median Income Over 65$37,522

Leasing Contacts Register now to add listings

Richard Tonner

Cushman & Wakefield

(202) 463-1112

Christopher Getz

Cushman & Wakefield

(202) 463-1128

James E. Collins

Cushman & Wakefield