
7th & D
301 7th Street Southwest, Washington, DC, 20024, US
87 338 mètres carrés
Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller to arrange the sale of a $44.6 Million Office Loan (the “Loan” or “Note”). The Loan is secured by the Deed of Trust on the fee simple interest in a class-A office property located in the Washington, D.C. Metro’s renowned Bethesda submarket (the “Property” or “Collateral”). Scheduled to mature in November 2025, the Loan is currently sub-performing with an unpaid principal balance of $44,600,000.
Constructed in 1975 and renovated in 2015, the 14-story building is comprised of 241,195 RSF of office space. Additionally, since 2015, the Property has benefited from approximately $15 Million in base building and tenant-focused capital improvements. As of September 2025, the Property is 66.9% occupied and features 411 parking spaces via an above ground parking garage. Situated on a 0.72-acre or 31,258 SF site, the Property benefits from proximity to one of the best-in-class office destinations as it is a short two-block, five-minute walk from the 75+ stores and restaurants of Bethesda Row.
The offering presents investors the opportunity to acquire the Loan at a favorable basis, significantly below replacement cost, with a potential path to ownership due to a near term maturity.
Path To Ownership
The Loan provides investors the ability to potentially step into the ownership position on a high-quality office building at an attractive basis due to an upcoming note maturity.
Diversified, Cash-Flowing Rent Roll
Diversified Cash Flow Anchored by Long-Term HQ Tenancy to multiple tenants (30% of RBA) with lease expirations in 2030 and 2032.
Amenity Rich and Tenant Focused Location
The Property has unparalleled amenity access in the heart of Bethesda’s acclaimed live-work-play environment where it is just a short walk from Bethesda Row and Woodmont Triangle.
High-Barrier to Entry
The Property is located in an infill location within a high barrier to entry
submarket with no future supply in the pipeline.