The Portrait Building - Space Availability

For Lease$62.5/Sqft/Yearly

701 8th Street NW, Washington, DC 20001

  • Office
  • General Office
  • 51,684 Sqft

The Portrait Building, Washington, DC 20001 - Office Space for rent

The Portrait Building is located at 701 8th Street NW in the Penn Quarter neighborhood, DC, Washington, 20001. The Class A Office building was completed in 2005 and features a total of 134,448 Sqft. There are 5 Office spaces available for lease at 701 8th Street NW, Washington, DC, 20001, totaling 51,684 Sqft. The largest space available has 22,665 Sqft and a rental rate of $62.5/Sqft/Yearly.

There are 328 office spaces for lease in the Penn Quarter neighborhood, totaling 4,919,630 Sqft of available office space. The office space availability for the 20001 zip code is 3,979,053 Sqft, in 151 office spaces. The average asking office rent per sq. ft. in Penn Quarter is $7.13/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 $6.05/sqft/year, for Class B office buildings the average office rate is $6.62/sqft/year.

In Penn Quarter, there are 66 class A office buildings. In Penn Quarter, there are a total of 37 LEED certified office buildings. In 2005, the same year The Portrait Building was built, 23 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Washington, featuring 1,304,604 square feet of commercial space.

Nearby Listings

Nearby Properties

Details

  • Price $62.5/Sqft/Yearly
  • City Washington
  • Neighborhood Penn Quarter
  • Zip Code 20001
  • Market Washington DC Suburban Maryland
  • Property Type Office - General Office
  • Property Size 134,448 Sqft
  • Lot Size 0.36 Acre
  • Parking Spaces Avail. 142
  • Parking Ratio 1.06/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Gold
  • Building Class A
  • Year Built 2005

Availability

Suite Name Space Type Lease Rate Space Available
5th Floor Office $62.5/Sqft/Yearly 22,665 Sqft
  • Suite 5th Floor
  • Space Type Office - General Office
  • Available From Friday, June 22, 2018
  • Total Space Available 22,665 Sqft
  • Floor From 5 To 5
  • Divisible Space No
  • Min Divisible 22,665 Sqft
  • Max Contiguous 22,665 Sqft
  • Lease Rate $62.5/Sqft/Yearly
  • Possession Type Immediate
  • Possession Date Wednesday, January 1, 2020
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Brian Raher

Cushman & Wakefield

(202) 739-0375

Kyle McFadden

Cushman & Wakefield

(202) 739-0362

Partial 4th Floor Office $62.5/Sqft/Yearly 7,934 Sqft
  • Suite Partial 4th Floor
  • Space Type Office - General Office
  • Available From Friday, June 22, 2018
  • Total Space Available 7,934 Sqft
  • Floor From 4 To 4
  • Divisible Space No
  • Min Divisible 7,934 Sqft
  • Max Contiguous 7,934 Sqft
  • Lease Rate $62.5/Sqft/Yearly
  • Possession Type Immediate
  • Possession Date Wednesday, January 1, 2020
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Brian Raher

Cushman & Wakefield

(202) 739-0375

Kyle McFadden

Cushman & Wakefield

(202) 739-0362

Partial 6th Floor Office $62.5/Sqft/Yearly 4,836 Sqft
  • Suite Partial 6th Floor
  • Space Type Office - General Office
  • Available From Thursday, December 13, 2018
  • Total Space Available 4,836 Sqft
  • Floor From 6 To 6
  • Divisible Space No
  • Min Divisible 4,836 Sqft
  • Max Contiguous 4,836 Sqft
  • Lease Rate $62.5/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Brian Raher

Cushman & Wakefield

(202) 739-0375

Kyle McFadden

Cushman & Wakefield

(202) 739-0362

Partial 6th Floor Office $62.5/Sqft/Yearly 5,924 Sqft
  • Suite Partial 6th Floor
  • Space Type Office - General Office
  • Available From Thursday, December 13, 2018
  • Total Space Available 5,924 Sqft
  • Floor From 6 To 6
  • Divisible Space No
  • Min Divisible 5,924 Sqft
  • Max Contiguous 5,924 Sqft
  • Lease Rate $62.5/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Brian Raher

Cushman & Wakefield

(202) 739-0375

Kyle McFadden

Cushman & Wakefield

(202) 739-0362

Partial 8th Floor Office $62.5/Sqft/Yearly 10,325 Sqft
  • Suite Partial 8th Floor
  • Space Type Office - General Office
  • Available From Thursday, December 13, 2018
  • Total Space Available 10,325 Sqft
  • Floor From 8 To 8
  • Divisible Space No
  • Min Divisible 10,325 Sqft
  • Max Contiguous 10,325 Sqft
  • Lease Rate $62.5/Sqft/Yearly
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Brian Raher

Cushman & Wakefield

(202) 739-0375

Kyle McFadden

Cushman & Wakefield

(202) 739-0362

Penn Quarter Demographics

The average household income in zip code 20001 is $122,164, from a total of 18,764 households. In terms of employment, there are 96.40 % white-collar and 3.60 % blue-collar jobs in zip code 20001.

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

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:

Leasing Contacts Register now to add listings

Brian Raher

Cushman & Wakefield

(202) 739-0375

Kyle McFadden

Cushman & Wakefield

(202) 739-0362