Property Details

Tenley Hill Mixed-Use Condos

Washington, DC
Property ID: 4852

Financial Summary

Asking Price $10,000,250
Cap Rate 6.00%
Net Operating Income (NOI) $600,015
Lease Type Other
The Offering Memorandum for this property is no longer available.

Contact

Rick Fernandez
Senior Managing Director
703.787.4732
Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • 20,000 SF, 2 floors, 6 tenants, Wisconsin Avenue NW
  • 100% fully leased property at market rents
  • Garage parking for commercial and office units
  • Highly adaptable neighborhood real estate
  • Two Metro stations within 5 minute walk
  • 15,090 avg. daily Metrorail riders at Tenleytown and Friendship Heights stations
  • 206,161 population within 3 miles of site
  • $109,540 median household income
  • 52% population between the ages of 20-34
  • Low vacancy rate in this submarket

Location

4719-4731 Wisconsin Avenue NW
Washington, DC

Traci BidingerTenley Hill Mixed-Use Condos