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Market Square - East Tower 701 Pennsylvania Ave NW

38,763 SF of 5-Star Office Space Available in Washington, DC 20004

Sublease Highlights

  • Studio space available
  • Private personal training services
  • Spa-quality lockers & showers
  • Walking distance from public transportation
  • Separate workout areas
  • Located right off of I-395.

all available space(1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Space Use
  • Condition
  • Available
  • 6th Floor, Ste 600
  • 38,763 SF
  • Jan 2029
  • £43.45 /SF/PA £3.62 /SF/MO £467.70 /m²/PA £38.97 /m²/MO £1,684,274 /PA £140,356 /MO
  • Office
  • Full Build-Out
  • 30 Days

• 701 Penn overlooks Pennsylvania Avenue, the National Archives, and the Navy Memorial, and is one block from the National Mall. • 701 Penn is located in Penn Quarter, one of the most vibrant neighborhoods within the District of Columbia. Capital One Arena, home of the NHL’s Washington Capitals and the NBA’s Washington Wizards, and the Smithsonian National Portrait Gallery, are located just three blocks to the north. DC’s theater district, including the Shakespeare, the National, Ford’s, and the Warner, is located only a few blocks to the west. • Chinatown and numerous dining establishments are within walking distance of 701 Penn, offering options ranging from fast-casual lunch spots, to pre-game favorites, to Michelin-starred offerings by world-renowned restauranteurs. • 701 Penn sits atop the Archives-Navy Memorial Green/Yellow-line Metro station, providing access to Ronald Reagan Washington National Airport, the Pentagon, Howard University, and the University of Maryland. Gallery Place, on the Red Line, is located just three blocks to the north, providing access to Bethesda, Rockville, and Silver Spring, Maryland, American University, Catholic University, and Union Station. 701 Penn is also one block from the 9th Street Expressway, providing access across town via I-695 and to Virginia via I-395.

  • Sublease space available from current tenant
  • Fully Built-Out as Professional Services Office
  • Fits 97 - 311 People
  • Central Air and Heating
  • Outdoor kitchen
  • Great natural lighting
  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Stunning views of the US Capitol
  • Seating for over 55 guests
  • Very accessible
Space Size Term Rent Space Use Condition Available
6th Floor, Ste 600 38,763 SF Jan 2029 £43.45 /SF/PA £3.62 /SF/MO £467.70 /m²/PA £38.97 /m²/MO £1,684,274 /PA £140,356 /MO Office Full Build-Out 30 Days

6th Floor, Ste 600

Size
38,763 SF
Term
Jan 2029
Rent
£43.45 /SF/PA £3.62 /SF/MO £467.70 /m²/PA £38.97 /m²/MO £1,684,274 /PA £140,356 /MO
Space Use
Office
Condition
Full Build-Out
Available
30 Days

6th Floor, Ste 600

Size 38,763 SF
Term Jan 2029
Rent £43.45 /SF/PA
Space Use Office
Condition Full Build-Out
Available 30 Days

• 701 Penn overlooks Pennsylvania Avenue, the National Archives, and the Navy Memorial, and is one block from the National Mall. • 701 Penn is located in Penn Quarter, one of the most vibrant neighborhoods within the District of Columbia. Capital One Arena, home of the NHL’s Washington Capitals and the NBA’s Washington Wizards, and the Smithsonian National Portrait Gallery, are located just three blocks to the north. DC’s theater district, including the Shakespeare, the National, Ford’s, and the Warner, is located only a few blocks to the west. • Chinatown and numerous dining establishments are within walking distance of 701 Penn, offering options ranging from fast-casual lunch spots, to pre-game favorites, to Michelin-starred offerings by world-renowned restauranteurs. • 701 Penn sits atop the Archives-Navy Memorial Green/Yellow-line Metro station, providing access to Ronald Reagan Washington National Airport, the Pentagon, Howard University, and the University of Maryland. Gallery Place, on the Red Line, is located just three blocks to the north, providing access to Bethesda, Rockville, and Silver Spring, Maryland, American University, Catholic University, and Union Station. 701 Penn is also one block from the 9th Street Expressway, providing access across town via I-695 and to Virginia via I-395.

  • Sublease space available from current tenant
  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Professional Services Office
  • Mostly Open Floor Plan Layout
  • Fits 97 - 311 People
  • Space is in Excellent Condition
  • Central Air and Heating
  • Stunning views of the US Capitol
  • Outdoor kitchen
  • Seating for over 55 guests
  • Great natural lighting
  • Very accessible

Property Overview

701 Penn is located in Penn Quarter, one of the most vibrant neighborhoods within the District of Columbia. Capital One Arena, home of the NHL’s Washington Capitals and the NBA’s Washington Wizards, and the Smithsonian National Portrait Gallery, are located just three blocks to the north. DC’s theater district, including the Shakespeare, the National, Ford’s, and the Warner, is located only a few blocks to the west.

  • 24 Hour Access
  • Banking
  • Controlled Access
  • Conferencing Facility
  • Dry Cleaner
  • Fitness Centre
  • Food Service
  • Public Transport
  • Property Manager on Site
  • Restaurant
  • Signage
  • Reception
  • Roof Terrace
  • Storage Space
  • Central Heating
  • Lift Access
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Plug & Play
  • Secure Storage
  • Wi-Fi
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1990/2016
LoopNet Rating
5 Star
Number of Floors
9
Building Size
348,039 SF
Building Class
A
Typical Floor Size
40,000 SF

Sustainability

Energy Star
77
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32052384

  • Date on Market: 07/06/2024

  • Last Updated:

  • Address: 701 Pennsylvania Ave NW, Washington, DC 20004

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