202-271-0526
1441 L St NW, Washington, DC for Sale
Office - FOR SALE
1/17
null | Request Cap Rate

1441 L St NW
Washington, DC 20005
National Mall


HIGHLIGHTS

  • Ground floor conference facility
  • Rooftop terrace with exceptional views
  • Spa-quality fitness center
  • Expansive interior event spaces
  • Proximity to Washington Convention Center
  • Thriving 14th Street retail and residential corridor

OVERVIEW

Stream Realty Partners is pleased to present the opportunity to acquire 1441 L Street, NW (“1441 L” or the “Property”), a 211,452 square foot, New Class A office building situated in Downtown Washington, D.C.’s East End. Newly rebuilt with high quality materials and pioneering HVAC systems 2019, the LEED Platinum Property features dramatic floor-to- ceiling windows, which offer tenants abundant natural light and spectacular rooftop views of The U.S. Capitol dome and Washington Monument. Views are further enhanced by an expansive roof level terrace along with robust interior event space with pre-function catering and AV capabilities. Ownership continues to institutionally maintain the asset, including the expansive ground floor conference facility, and spa-quality fitness center. New ownership will have the opportunity to acquire a complete, new office building well below replacement cost and no near-term capital requirements. Located at the confluence of the two largest and mature downtown office submarkets, the East End and Central Business District, 1441 L is surrounded by notable corporate tenants, leading universities, embassies, and the thriving 14th Street retail and residential corridor. Adjacent to Midtown Center’s premier food and beverage offerings, marquee tenants such as Fannie Mae, ArentFox Schiff, Freshfields, Bain Capital, Pillsbury, J.P. Morgan, and Sidley, are drawn to the vibrant neighborhood that offers proximity to Washington, D.C. ’s Convention Center, 6,000 hotel rooms, 6,300 residential units, and several Michelin Star restaurants. These dynamics position the Midtown micromarket to outperform the broader office market as tenants continue to seek occupy office space in amenitized, mixed-use neighborhoods. Teaser: https://platform.reverecre.com/api/view-email/a7359894-fc36-4dc8-9a33-a3f2ff0bafcc

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1441 L

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

13

BUILDING CLASS

A

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

D-6

APN/PARCEL ID

0214-0862,0214-0863,0216-0026

ASK ABOUT THIS PROPERTY

Matt PacinelliStream Realty Partners, LPMore Info
202-271-0526

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Matt PacinelliStream Realty Partners, LPMore Info
202-271-0526

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.