6323 Georgia Ave NW - Medical FOR SALE


Washington, DC 20011- Brightwood
$12,307,692 USD
202-580-5010
6323 Georgia Ave NW, Washington, DC for Sale
$12,307,692 USD
Medical - FOR SALE
1/12
null | 6.5% Cap Rate

6323 Georgia Ave NW
Washington, DC 20011
Brightwood


OVERVIEW

Capital Investment, LLC, as Exclusive Agent for the Seller, is pleased to present the Metropolitan Medical Center, a 43,683 square foot medical office building located at 6323 Georgia Avenue NW in Northwest Washington, D.C. The property sits on a 0.78-acre corner parcel along the Georgia Avenue corridor, one of the city’s most active commercial and residential thoroughfares. The property is currently 85% leased and anchored by a strong roster of medical and national tenants. USA Vein Clinics, the nation’s largest provider of vein and vascular treatments with over 150 locations nationwide, recently extended its lease through 2029 and expanded its footprint within the building, demonstrating long-term commitment to the location. Complementing the medical tenancy, the property also features long-term leases with the U.S. Postal Service and T-Mobile. The USPS recently exercised a five-year option extending its lease through 2030, while T-Mobile has expanded its rooftop cellular infrastructure, reinforcing the asset’s durable income stream. The Metropolitan Medical Center is deeply embedded within the surrounding community and strategically positioned at the convergence of four vibrant Northwest Washington neighborhoods: Manor Park, Brightwood, 16th Street Heights, and Petworth. The property also benefits from its proximity to The Parks at Walter Reed, located just four blocks north, a transformative $1 billion, 3.1 million square foot mixed-use redevelopment featuring residential, retail, medical, and office components. This major development continues to drive residential density, foot traffic, and long-term economic growth along the Georgia Avenue corridor.

FOR SALE DETAILS

PRICE

$12,307,692 USD

PRICE/SF

$282 USD /SF

CAP RATE

6.5%

% 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 Notice.