3029 Martin Luther King, Jr Ave, SE, Washington, DC, 20032 - Available for Sale

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Plaza-8

3029 Martin Luther King, Jr Ave, SE, Washington, DC 20032

Price Not Disclosed

9,402 SF | Office

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Office Property For Sale

Price:
Price Not Disclosed
Building Size:
9,402 SF
Property Type:
Office
Property Sub-type:
Medical Office
Additional Sub-types:
Office Building
Institutional/
Governmental
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
7%
No. Stories:
3
Building Class:
B
Tenancy:
Multiple
Year Built:
2001
Lot Size:
6,420 SF
APN / Parcel ID:
5988-0092
Listing ID
18191437
Last Updated
26 days ago

Find Out More...

Highlights

  • Built in 2001 - Gorgeous 3 story building on major road (MLK, Jr Ave)
  • Blocks away from Cogress Heights Metro station
  • Blocks away from New DHS, Coast Guard, St. Elizabeth campus
  • DC Enterprise Zone and SBA HubZone location
  • Easy access from 295, 395 and 495
  • 12 Gated parking, elevator, security camera, access control systems in place

Description

Fully occupied with NNN tenants.
Space on 1st and 2nd floor may become available from January 2016.

2014 NOI $258,000;
2015 NOI $308,000

Property is designated in:
" Primary Care Health Professional Shortage Area;
" Mental Health Professional Shortage Area;
" Dental Care Health Professional Shortage Area;
" Medically Underserved Area/Population; and,
" SBA HubZone

Key features:
" Twelve (12) gated parking spaces
" 2 bathrooms on each floor
" Completely secure building (access control system and cameras)
" Elevator and 2 stairs
" Well lighted

" Blocks away from Congress Heights Metro
" Blocks from St. Elizabeth's, New DHS, and Coast Guard
" Convenient access to/from 295 and 395.
" Located on Martin Luther King Avenue and Malcolm X Ave

Financial Summary

Map of 3029 Martin Luther King, Jr Ave, SE, Washington, DC 20032 (District of Columbia County)

Research for 3029 Martin Luther King, Jr Ave, SE, Washington, DC 20032 (District of Columbia County)

  • Demographics – Population, income & other demographics near 3029 Martin Luther King, Jr Ave, SE
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

Presented by Vipin Desai
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Asking Price Index Trends for Washington, DC Office For Sale

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Plaza-8
  • Office
  • Price Not Disclosed
  • 9,402 SF