Corporate Managing Director, Savills Studley
DC/MD/VA Licensed Real Estate Salesperson
Back in 2015, transportation giant, Uber made waves within the DC tech community when it signed a lease for 73,000 SF on floors 1-5 at 1717 Rhode Island Avenue, nearly half of the 10-story building next to St. Michaels Cathedral.
Now 3 years later, the company is looking to offload a portion of its Dupont Circle space, allowing a future subtenant rare proximity to one of the biggest tech companies in the world.
Perfect for tenants looking for a highly efficient open plan, the 5th floor suite allows for 172 work desks, 10 team rooms, 4 conference rooms and 4 offices. At 17,850 SF, this translates into a 1:101 employees to SF ratio. See floor plan below.
What is unique about this property is that it blends the historic row houses along Rhode Island Ave with a distinctive architectural addition that was built in 2005. The rowhome portion of the building is 4 stories, so the 5th floor is nice in that there are 3 private terraces above the rowhomes that will be exclusive to the future subtenant. Also, being that it is a free standing building, there are 4 sides of glass allowing for natural light to wash through the space.
Located on one of my favorite streets in the city, 1717 Rhode Island Ave is conveniently located between Dupont and Farragut North Metro Stations and within walking distance to a host of restaurants, amenities, and bars. Perks within the building include a private gym for tenants with showers and towel service.
Within 7 years remaining on the lease, this could be a great option for tenants looking to join the likes of Uber, Revolution and The Case Foundation in one of DC’s most unique, well-locted buildings.
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