1501 M St NW - Office FOR SALE
Washington, DC 20005 |
1501 M St NW
Washington, DC 20005
HIGHLIGHTS
- Nearly $13 million invested into building since 2017. Updated Lobby, Common Areas, Restrooms, Mechanicals, and Creation of Town Hall
- 3-Story Town Hall is the best in the city; opportunity to expand it by two floors
- Boutique Building: Designed by Hartman Cox
- Class A Building: Well positioned to capitalize on the market's flight-to-quality
- Corner Building: Provides window line on over 90% of the building
- Immediate In-Place Income: 63% leased with WALT of 4.4 years
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
1501 M St
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
195421
STORIES
11
BUILDING CLASS
A
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
170
LAND DETAILS
LAND ACRES
0.39 AC AC
LAND SF
16,988 SF
ZONING
-
APN/PARCEL ID
0196-0833,0196-0834
