LeDroit Park - Bloomingdale Office Space

1 Franklin St NE Unit West (Floor 5)
LeDroit Park - Bloomingdale, Washington,
With its striking twin towers, One Franklin Square is prominently situated on historic Franklin Square. The largest building on the park, One Franklin Square is also positioned on one of Washington’s highest elevations providing tenants with sweeping views of the park.<br><br>The building includes two towers, constructed of polished and flame-cut granite, which rise from the base and identify the building from afar. Located on a prominent corner of K Street and 13th, the building is conveniently located near public transportation (within one block of the blue and orange Metro lines, within four blocks of the red Metro line, and on the Circulator route), the White House, Treasury, and K Street (one of the major arteries heading into and out of the District). &nbsp; &nbsp; The building’s amenities include:<br><ul><li>Full service fitness facility</li><li>Valet service</li><li>Ample on-site parking (highest ratios of parking for a trophy building in downtown Washington)</li><li>Concierge</li><li>24-hour security personnel</li><li>Two rooftop tower meeting and conference facilities with adjoining terraces overlooking Washington’s skyline</li></ul><br>The EPA has recognized One Franklin Square for its superior energy efficiency by awarding the building with an Energy Star Label in 2011, making it the tenth consecutive year the building has earned that designation. In 2010, this building was awarded LEED certification at the Gold level by the U.S. Green Building Council.<br><br>One Franklin Square’s tenancy includes PricewaterhouseCoopers, SNR Denton, Reed Smith, and Xerox Corporation.<br>

LeDroit Park - Bloomingdale

Office Space Market Report

Number of Listings (last 90 days)
As of: October 23, 2016

LeDroit Park - Bloomingdale Rates

The typical asking rate per listing is in the $0's per square foot per year. The LeDroit Park - Bloomingdale region is experiencing a decrease in rates. In the last 3 months, the median rate fell $29 per sqft per year. That's a 100% decline in rent.

LeDroit Park - Bloomingdale Listing Supply

In the last 90 days, 0 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the listings in the LeDroit Park - Bloomingdale are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this region were built in 1877 and are Class B.

LeDroit Park - Bloomingdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst LeDroit Park - Bloomingdale residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in LeDroit Park - Bloomingdale.
Market Report

Market Data

Real time and historical data on commercial real estate listings in LeDroit Park - Bloomingdale.