703-787-4732
1851 9th St NW, Washington, DC for Sale
Office - FOR SALE
1/4
null | Request Cap Rate

1851 9th St NW
Washington, DC 20001
Shaw


HIGHLIGHTS

  • 3% Annual Rent Increases
  • Land and building acquisition, 80% depreciable asset
  • Investment Grade Credit Rating (Fitch BBB) The Howard University
  • On-site property manager paid by tenant
  • Two blocks from Howard University Campus and Metro Station
  • $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms

OVERVIEW

Institutional NNN Investment | Howard University | Washington, D.C. SRS National Net Lease is pleased to present a rare opportunity to acquire the fee simple interest in a freestanding, single-tenant NNN-leased university building in the heart of Washington, D.C. The property is 100% leased to Howard University, the nation’s leading Historically Black College and University (HBCU), backed by a Fitch BBB credit rating. With approximately 10 years remaining on the lease and 3% annual rent escalations, the asset offers investors secure, long-term cash flow with built-in income growth. The absolute NNN lease structure requires the tenant to pay all operating expenses, with the landlord responsible only for structural maintenance, waterproofing, and exterior replacement—making this an ideal low-management, passive investment. Strategically located at the prominent corner of 9th & T Street NW, the property features exceptional visibility, strong pedestrian traffic, and excellent access to transit—just 2.5 blocks from the Howard University Metro Station and main campus. The building's striking design includes 20-foot ceilings in the auditorium and 9–14-foot ceilings throughout, supporting a flexible, modern educational layout. This is a unique opportunity to own a trophy-caliber urban asset backed by a nationally recognized institutional tenant, in one of D.C.’s most dynamic and well-connected neighborhoods.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Howard University - Washington, D.C.

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,485 SF

ZONING

RF-1

APN/PARCEL ID

0394-0874

ASK ABOUT THIS PROPERTY

Rick FernandezSRS Real Estate PartnersMore Info
703-787-4732

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

Rick FernandezSRS Real Estate PartnersMore Info
703-787-4732

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