2020 K Street
2020 K St NW, Washington, DC, 20006-1806, US
38,244 m²
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive representative for Owner, is pleased to present this offering for the sale of 2900 K (the “Property”), a 5-story 122,611 square foot Class A office building located at 2900 K Street, NW in the heart of Georgetown, one of downtown Washington’s most vibrant and amenity-rich submarkets.
Completed in 2006, the Property is prominently perched atop the banks of Rock Creek overlooking the Potomac River and represents the last office building to deliver in Georgetown in more than 20 years. Its K Street address places the Property just two blocks south of M Street’s world-renowned retail amenity base and adjacent to the iconic, mixed-use Washington Harbour, while offering breathtaking panoramic views of the Washington Monument, Kennedy Center, and historic Georgetown.
The Property offers user-owner-occupants a path to full building occupancy near-term. 2900 K represents a generational opportunity to acquire timeless real estate below replacement cost (± $1,000 PSF) in one of Washington, DC’s most vibrant and coveted mixed-use neighborhoods.
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Attributes
Rentable area
11,391 m²
Building class
A
Occupancy
7%
Year built
2006
Parking spaces
133
Media
Investment Highlights
Irreplaceable Waterfront Location with Panoramic Rock Creek and Potomac River Views
Immediately Adjacent to World-Renowned Georgetown Waterfront - Dynamic, Experiential Year-Round Retail, Power Dining, and Entertainment
Authentic Live-Work-Play Environment with Walkable Access to Abundant Amenities
One of Only Two Office Buildings in all of Georgetown with Large Block Availability (75,000 RSF+), Representing a Rare User-Owner Opportunity
High Barrier to Entry Submarket with a Shrinking Office Supply - Obsolete Product Converting to New Uses
Contact brokers
2900 K St NW (0 Properties)
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Last updated
7 Nov 2024
