
7th & D
301 7th Street Southwest, Washington, DC, 20024, US
87,338 m²
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.