1500 Franklin St NE - Medical FOR SALE
Washington, DC 20018 |
1500 Franklin St NE
Washington, DC 20018
HIGHLIGHTS
- 100% LEASED TO DEPT. OF VETERAN AFFAIRS with 8.00 years of weighted average lease term
- LONG-TERM INCOME SECURITY bolstered by 4.35% NOI growth (10-year CAGR)
- ASSUMABLE, SELF-AMORTIZING LOAN at a 4.207% rate
- SCARCITY VALUE one of only two VA Health facilities in DC
- CLOSEST OUTPATIENT CLINIC TO THE VA HOSPITAL located 1.4 miles from the Washington VA Medical Center
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
100% Leased DC-Infill VA Clinic / Annual Rent
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
14177
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1948
SPRINKLERS
-
PARKING SPACES
27
LAND DETAILS
LAND ACRES
0.35 AC AC
LAND SF
15,072 SF
ZONING
-
APN/PARCEL ID
4021-0014
