1750 H St_Property for Sale
1750 H St_Property for Sale
1750 H St Nw, Washington, DC, 20006-4600, US

1750 H St

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this opportunity to acquire 1750 H Street NW (the “Property” or “1750 H”), a newly renovated, boutique Class A office asset located two blocks from the White House in Washington, DC’s Central Business District. Currently 55% leased to 9 tenants with 9.7 years of WALT, 1750 H is the beneficiary of a full amenity renovation that delivered a new lobby, second floor tenant lounge with outdoor terrace, conference center, fitness center, and rooftop. The Property’s physical structure – ± 13,000 SF floor plates, three sides of glass offering 400+ feet of linear window line, and 20’+ foot setbacks to the East and South that provide far more light and air exposure than a typical midblock asset – provides the ultimate flexibility for single and multi-tenant lease-up strategies.


The Property is situated in a timeless location amidst several of the world’s most powerful and prestigious institutions. The White House, Eisenhower Executive Office Building, Federal Reserve, World Bank, International Monetary Fund, and American Red Cross are all located within 1/2 mile of the Property, creating an ecosystem of non-profits, associations, law firms, and financial management tenants seeking direct proximity to these institutions. Furthermore, 1750 H is uniquely positioned in one of the most convenient downtown locations for ingress/egress, with tenants able to access four Metrorail lines within 1/2 mile and easy North/South access to the Maryland and Virginia suburbs available via 17th Street.


1750 H’s combination of amenitization, price point, boutique floor plates, and prime location with convenient access provides investors with the opportunity to maximize value creation through a multitude of lease-up strategies. This compelling value proposition has been validated in real time, with over 42,000 SF of leasing to non-profits and associations commencing since 2023. Accordingly, investors can capitalize on the existing leasing momentum, premier building bones, and abundant demand drivers to achieve outsized returns.

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Attributes

Building area gross
11,556 m²
Occupancy
55%
Year built
2002
Year renovated
2024
WAULT
9.7 years
Building class
A

Media

Investment Highlights

  • Fully Renovated and Highly Amenitized with Brand New Lobby, Tenant Lounge with Outdoor Terrace, Conference Center, Fitness Center, and Rooftop
  • Boutique Floor Plates (+/- 13,000 SF) and 26,000 SF Contiguous Availability on the Top Two Floors Provide Flexibility Ideal for Single and Multi-Tenant Leasing Strategies
  • 3 Sides of Glass Offering Over 400 Linear Feet of Window Line; 20'+ Setbacks to the East and South Provide Abundant Light and Air
  • Over 42,000 SF of Non-Profit & Association Leasing Activity Has Commenced Since 2023, Validating the Property's Combination of Compelling Price Point, Amenitization, Size, and Location
  • Timeless Location Two Blocks from The White House & Eisenhower Executive Office Building
  • Surround by the World's Most Influential Political and Financial Powers - Direct Proximity to the Federal Reserve, World Bank, International Monetary Fund, American Red Cross, and World-Class Higher Education Provides Robust and Continuous Tenant Base
  • Multimodal Accessibility: Two Blocks to Orange, Blue, Silver, and Red Metrorail Lines; 17th Street Provides Ideal North-South Vehicular Ingress/Egress to MD and VA Suburbs
  • Abundant Amenity Base in the Revitalized Golden Triangle with Access to DC's Premier Restaurants, Shops, and Hospitality
1750 H St 4_Property for Sale
1750 H St 4_Property for Sale

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1750 H St (0 Properties)

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Last updated
21 Nov 2024