1020 Bladensburg Rd NE
Washington, DC 20002
Office Property For Sale

The subject property is centered in a neighborhood on the rise. - Situated on the busy, wide thoroughfare of Bladensburg Road NE between the starburst intersection of H Street and New York Avenue (estimated 31,000 daily traffic count) - $65M in city improvements to infrastructure already completed including median with trees, teardrop street lighting - Vastly under-utilized, large lots offer developers unique opportunities for development; 1,100+ units recently completed or underway; more available - Anchored by 2 massive planned development sites at either end of the Bladensburg Rd corridor (Hechinger Mall and New City DC) - Booming surrounding neighborhoods – Trinidad, H Street Corridor, Kingman Park, NoMa, Union Market, Ivy City; as these markets mature and become more expensive for residents and businesses, interest is growing in the Bladensburg Rd corridor - Transit accessible - DC Streetcar, Metrobus, car/bike share accessible, 3 metro stations within 1.2 to 1.5 miles (New York Ave, Union Station, Stadium Armory) - Submarket increasing in population and income – large mixed-use projects attracting influx of young professionals to the area; 19% population increase projected for 2020 - National Arboretum offers expansive green space nearby (over 500,000 visitors/year) - This corridor has been dubbed the “Garden District” by H St Main Streets, referring to the proximity to the Arboretum and supportive of 1,800-3,500 new residential units