The Demonet Building - Office Space Availability

For Lease$55 - $57/Sqft/Year See below for details.

1155 Connecticut Avenue NW, Washington, DC 20036

  • Office
  • 8,000 Sqft

The Demonet Building, Washington, DC 20036 - Office Space for rent

The Demonet Building is located at 1155 Connecticut Avenue NW in the Downtown Washington neighborhood, DC, Washington, 20036. The Class B Office building was completed in 1984 and features a total of 115,412 Sqft. There is 1 Office space available for lease at 1155 Connecticut Avenue NW, Washington, DC, 20036, totaling 8,000 Sqft. The largest space available has 8,000 Sqft and a rental rate of $55 - $57/Sqft/Year.

There are 1,044 office spaces for lease in the Downtown Washington neighborhood, totaling 8,829,659 Sqft of available office space. The office space availability for the 20036 zip code is 2,744,514 Sqft, in 399 office spaces. The average asking office rent per sq. ft. in Downtown Washington is $50.7/sqft/year. For Class A+ office buildings the average office rate is $57.96/sqft/year, for Class A office buildings the average office rate is $55.45/sqft/year, for Class B office buildings the average office rate is $46.76/sqft/year, for Class C office buildings the average office rate is $40.08/sqft/year.

In Downtown Washington, there are 123 class B office buildings. In Downtown Washington, there are a total of 65 LEED certified office buildings. In 1984, the same year The Demonet Building was built, 135 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Washington, featuring 2,998,839 square feet of commercial space. At zip code level, there are 106 commercial properties, of which 106 are office buildings over 50,000 square feet.

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Details

  • Price $55 - $57/Sqft/Year
  • City Washington
  • Neighborhood Downtown Washington
  • Zip Code 20036
  • Market Washington DC Suburban Maryland
  • Property Type Office
  • Property Size 115,412 Sqft
  • Parking Ratio 0.45/ 1,000 SF
  • Building Class B
  • Year Built 1984
  • Date Updated 15 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
Suite 200 General Office $55 - $57/Sqft/Year 8,000 Sqft
  • Suite Suite 200
  • Space Number 200
  • Space Type General Office
  • Total Space Available 8,000 Sqft
  • Floor From 2 To 2
  • Divisible Space Yes
  • Min Divisible 1,500 Sqft
  • Max Contiguous 8,000 Sqft
  • Lease Rate $55 - $57/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Mark L. Wooters

Cushman & Wakefield

(202) 739-0363

Michael B. Katcher

Cushman & Wakefield

(202) 739-0360

Description

This distinctive brick and limestone building rises behind the turret of the historic Demonet Confectioner's Building. It blends well with the original Demonet and is one block from the Metrorail.

Highlights

  • Mayflower Hotel
  • Concierge

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at The Demonet Building?

There is currently 1 office space in this building.

What is the largest space available at The Demonet Building?

Currently, the largest rentable space at The Demonet Building totals 8,000 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at The Demonet Building is $55 - $57/Sqft/Year$ per square foot.

What is the total square footage of The Demonet Building?

The Demonet Building totals 115,412 square feet.

When was this property built?

The Demonet Building was built in 1984.

Downtown Washington Demographics

The average household income in zip code 20036 is $111,633, from a total of 4,058 households. In terms of employment, there are 99.73 % white-collar and 0.27 % blue-collar jobs in zip code 20036.

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

Michael B. Katcher

Cushman & Wakefield

(202) 739-0360

Mark L. Wooters

Cushman & Wakefield

(202) 739-0363