Market Square I - Space Availability

$54 - $56/Sqft/Yearly

701 Pennsylvania Avenue NW, Washington, DC 20004

  • Office
  • General Office
  • 374,499 Sqft

Market Square I, Washington, DC 20004 - Office Space for rent

Market Square I is located at 701 Pennsylvania Avenue NW in the Penn Quarter neighborhood, DC, Washington, 20004. The Class A+ Office building was completed in 1990 and features a total of 374,499 Sqft. There are 5 Office spaces available for lease at 701 Pennsylvania Avenue NW, Washington, DC, 20004, totaling 20,706 Sqft. The largest space available has 6,083 Sqft and a rental rate of $55 - $56/Sqft/Yearly.

There are 261 office spaces for lease in the Penn Quarter neighborhood, totaling 3,359,717 Sqft of available office space. The office space availability for the 20004 zip code is 1,793,725 Sqft, in 155 office spaces. The average asking office rent per sq. ft. in Penn Quarter is $20.14/sqft/year. For Class A+ office buildings the average office rate is $15.93/sqft/year, for Class A office buildings the average office rate is $22.43/sqft/year, for Class B office buildings the average office rate is $19.19/sqft/year.

In Penn Quarter, there are 15 class A+ office buildings. In Penn Quarter, there are a total of 37 LEED certified office buildings. In 1990, the same year Market Square I was built, 70 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Washington, featuring 3,705,383 square feet of commercial space.

Nearby Listings

Nearby Properties

Details

  • Price $54 - $56/Sqft/Yearly
  • City Washington
  • Neighborhood Penn Quarter
  • Zip Code 20004
  • Market Washington DC - Suburban Maryland
  • Property Type Office - General Office
  • Property Size 374,499 Sqft
  • Lot Size 1.72 Acre
  • Parking Spaces Avail. 116
  • Parking Ratio 0.31/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Silver
  • Building Class A+
  • Year Built 1990

Availability

Suite Name Space Type Lease Rate Space Available
Partial 1st Floor Office Contact for pricing 2,987 Sqft
  • Suite Partial 1st Floor
  • Space Type Office
  • Available From Thursday, August 23, 2018
  • Total Space Available 2,987 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 2,987 Sqft
  • Max Contiguous 2,987 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Evan Behr Is this you?

Jones Lang LaSalle

(202) 719-5642

Doug Mueller Is this you?

Jones Lang LaSalle

(202) 719-5594

Nathan Beach Is this you?

Jones Lang LaSalle

(202) 719-5680

Kristen Mathis Is this you?

Jones Lang LaSalle

(908) 807-2094

Mac Hall Is this you?

Jones Lang LaSalle

(443) 845-3301

Thomas Myers Is this you?

Jones Lang LaSalle

(202) 719-5582

Partial 1st Floor Office Contact for pricing 1,142 Sqft
  • Suite Partial 1st Floor
  • Space Type Office
  • Available From Thursday, August 23, 2018
  • Total Space Available 1,142 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 1,142 Sqft
  • Max Contiguous 1,142 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Evan Behr Is this you?

Jones Lang LaSalle

(202) 719-5642

Doug Mueller Is this you?

Jones Lang LaSalle

(202) 719-5594

Nathan Beach Is this you?

Jones Lang LaSalle

(202) 719-5680

Kristen Mathis Is this you?

Jones Lang LaSalle

(908) 807-2094

Mac Hall Is this you?

Jones Lang LaSalle

(443) 845-3301

Thomas Myers Is this you?

Jones Lang LaSalle

(202) 719-5582

Suite 560 Office $54 - $56/Sqft/Yearly 5,575 Sqft
  • Suite Suite 560
  • Space Type Office - General Office
  • Available From Thursday, November 29, 2018
  • Total Space Available 5,575 Sqft
  • Floor From 5 To 5
  • Divisible Space No
  • Min Divisible 5,575 Sqft
  • Max Contiguous 5,575 Sqft
  • Lease Rate $54 - $56/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type NNN
  • Lease Term From 5 To 15 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Evan Behr Is this you?

Jones Lang LaSalle

(202) 719-5642

Doug Mueller Is this you?

Jones Lang LaSalle

(202) 719-5594

Nathan Beach Is this you?

Jones Lang LaSalle

(202) 719-5680

Kristen Mathis Is this you?

Jones Lang LaSalle

(908) 807-2094

Mac Hall Is this you?

Jones Lang LaSalle

(443) 845-3301

Thomas Myers Is this you?

Jones Lang LaSalle

(202) 719-5582

Partial 7th Floor Office $55 - $56/Sqft/Yearly 4,919 Sqft
  • Suite Partial 7th Floor
  • Space Type Office - General Office
  • Available From Thursday, November 29, 2018
  • Total Space Available 4,919 Sqft
  • Floor From 7 To 7
  • Divisible Space No
  • Min Divisible 4,919 Sqft
  • Max Contiguous 11,002 Sqft
  • Lease Rate $55 - $56/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type NNN
  • Lease Term From 5 To 15 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Evan Behr Is this you?

Jones Lang LaSalle

(202) 719-5642

Doug Mueller Is this you?

Jones Lang LaSalle

(202) 719-5594

Nathan Beach Is this you?

Jones Lang LaSalle

(202) 719-5680

Kristen Mathis Is this you?

Jones Lang LaSalle

(908) 807-2094

Mac Hall Is this you?

Jones Lang LaSalle

(443) 845-3301

Thomas Myers Is this you?

Jones Lang LaSalle

(202) 719-5582

Partial 7th Floor Office $55 - $56/Sqft/Yearly 6,083 Sqft
  • Suite Partial 7th Floor
  • Space Type Office - General Office
  • Available From Thursday, November 29, 2018
  • Total Space Available 6,083 Sqft
  • Floor From 7 To 7
  • Divisible Space No
  • Min Divisible 6,083 Sqft
  • Max Contiguous 11,002 Sqft
  • Lease Rate $55 - $56/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type NNN
  • Lease Term From 5 To 15 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Evan Behr Is this you?

Jones Lang LaSalle

(202) 719-5642

Doug Mueller Is this you?

Jones Lang LaSalle

(202) 719-5594

Nathan Beach Is this you?

Jones Lang LaSalle

(202) 719-5680

Kristen Mathis Is this you?

Jones Lang LaSalle

(908) 807-2094

Mac Hall Is this you?

Jones Lang LaSalle

(443) 845-3301

Thomas Myers Is this you?

Jones Lang LaSalle

(202) 719-5582

Penn Quarter Demographics

The average household income in zip code 20004 is $173,059, from a total of 1,163 households. In terms of employment, there are 100.00 % white-collar and 0.00 % blue-collar jobs in zip code 20004.

Population

  • Total Population3,786
  • Male Population(50.2 %) 1,902
  • Female Population(49.7 %) 1,883
  • Median Age33.10

Income/Financial

  • Average Household Income$141,862
  • Median Household Income$100,447
  • Median Income Under 25$68,438
  • Median Income 25-44$124,181
  • Median Income 45-64$82,679
  • Median Income Over 65$25,139

See more Penn Quarter Demographics data

BROWSE OTHER PROPERTIES IN PENN QUARTER

Check out the links below if you're interested in other types of properties for lease or for sale in Penn Quarter:

Broker Leasing Agents Add listing Broker

Evan Behr Is this you?

Jones Lang LaSalle

(202) 719-5642

Doug Mueller Is this you?

Jones Lang LaSalle

(202) 719-5594

Nathan Beach Is this you?

Jones Lang LaSalle

(202) 719-5680

Kristen Mathis Is this you?

Jones Lang LaSalle

(908) 807-2094

Mac Hall Is this you?

Jones Lang LaSalle

(443) 845-3301

Thomas Myers Is this you?

Jones Lang LaSalle

(202) 719-5582