TD Bank - 905 Rhode Island Ave NE

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire a single-tenant TD Bank pad located at 905 Rhode Island Avenue NE, Washington, DC 20018 (the “Property” or the “Offering”).

The Offering is a highly trafficked bank which ranks in the top-10 in visits among all banks in Washington, DC and in the 88th percentile of all banks nationally. This TD Bank offers both in-person and drive-through services at its transit-oriented location via Rhode Island Ave Metrorail Station (0.2 Miles), Rhode Island Avenue (35,066 VPD), and Brentwood Road (26,836 VPD). The Offering is situated on 0.31 acres in a rapidly densifying Northeast DC micromarket flourishing with recently delivered and forthcoming residential development. While existing on its own separate parcel, this property benefits from its integration within the Rhode Island Place shopping center – the busiest neighborhood center in Washington, DC that draws 3 million visits annually.

The Offering is subject to a “reverter” by which the fee simple interest in the Property will automatically revert back to the District of Columbia in 2077.* The land was previously owned by the District of Columbia and was transferred to the original developer with this the “reverter” term in the Deed. The District of Columbia has previously been open to discussing extending or removing the “reverter” in the event of a future redevelopment.

TD Bank has 5.7 years of remaining term with a 10% rent increase in March 2026 and four (4) consecutive five-year renewal options. This Offering presents an opportunity to acquire premier real estate on a NNN lease with limited landlord responsibilities with 5+ years with passive cash flow guaranteed by one of the largest banks in the United States.