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Market Square I - Availability Details
701 Pennsylvania Avenue NW, Washington, DC 20004
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- 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 Certified Silver
- Building Class A+
- Year Built 1990
- City Washington, DC
- Neighborhood Penn Quarter
- Zip Code 20004
- Market Washington DC Suburban Maryland
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Washington
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Washington Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $57.46
- 2020 Office Vacancy Rate 12.55 %
- 2020 Office Completions (Sqft) 1,830,925
Washington Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per Sqft $480.90
- Y-o-Y Avg. PpSF Change -3.31 %
- 2020 Office Sales Volume $1.3B
- 2020 Number of Transactions 14
- Property Tax in 2020 $25,673,251
- Market Value $1,359,896,880
- Assessed Value $1,359,896,880
Find more tax info, including assessment history and abatements, on CommercialEdge