6323 Georgia Ave NW - Medical FOR SALE


Washington, DC 20011- Brightwood
$12,950,000 USD
202-580-5010
6323 Georgia Ave NW, Washington, DC for Sale
$12,950,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

6323 Georgia Ave NW
Washington, DC 20011
Brightwood


HIGHLIGHTS

  • ADA-compliant, medical office building equipped with two emergency power generators and plenty of off-street parking.
  • Unmatched convenience with various services under one roof, including internal medicine check-­ups, a pharmacy, immunization, lab work, and more.
  • Easily accessible via nearby public transportation routes and Georgia Avenue's seamless connection to Downtown Silver Spring and Washington, DC.
  • Strategically located within a ten-minute drive of five area hospitals, the commuter rail and Metro, and Downtown Silver Spring.

OVERVIEW

Capital Investment, LLC, as Exclusive Agent for the Seller, is pleased to present the Metropolitan Medical Center located at 6323 Georgia Avenue NW, a 43,683 SF Medical Office Building set on a 0.78 acre corner lot in Northwest Washington, D.C. The ADA compliant Property includes an on-site pharmacy and two emergency power generators. Among the anchor tenants at the Metropolitan Medical Center is USA Vein Clinics. With over 150 locations, USA Vein Clinics is the largest provider of vein and other vascular procedures in the country. The company has recently extended their lease at the Property to 2029 and has doubled the size of their office space. In addition to the Medical Office Tenants, there are long term leases in place with the U.S. Postal Service and T-mobile. The USPS signed 5-year option extension expires in 2030 and T-mobile in recent years increased the footprint of their cell tower leases on roof. The property is embedded in the community and located at the intersection of four of the most vibrant neighborhoods in Northwest D.C.: Manor Park, Brightwood, 16th Street Heights, and Petworth. The Parks at Walter Reed is only 4 blocks to the north and is a billion dollars 3.1 million square feet development which includes residential, retail, and office space. Nearby amenities include Walmart, Safeway, and the newly opened Art Place at Fort Totten. Brightwood’s central location ensures excellent connectivity, with easy access to major transportation routes and metro stations such as Takoma Park, Georgia Avenue- Petworth, and Fort Totten, allowing easy travel throughout Washington, DC, and downtown Silver Spring, MD.

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metropolitan Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

MU-4

APN/PARCEL ID

2978-0040

ASK ABOUT THIS PROPERTY

Reza SabaiiCapital Investment, LLCMore Info
202-580-5010

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Reza SabaiiCapital Investment, LLCMore Info
202-580-5010

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