1320 N Courthouse Rd 360,050 SF 34% Leased 4-Star Office Building Arlington, VA 22201 For Sale

INVESTMENT HIGHLIGHTS

  • Opportunity to Acquire a Virtually Blank Canvas at a Historically Low Basis
  • By-Right Redevelopment Optionality– Up to 10 FAR with RE-GLUP
  • Mature Market with High Barrier to Entry
  • Irreplaceable, Transit Oriented Location
  • Access to Unrivaled Demographic Profile

EXECUTIVE SUMMARY

Transwestern’s Mid-Atlantic Capital Markets Group, as the exclusive advisor, is pleased to present the opportunity to acquire 1320 N Courthouse (“The Property”), a 360,050 SF office building located within the highly sought after Rosslyn-Ballston (RB) Corridor. The Property is currently 18% leased to three tenants, offering investors a clear path to converting the Property to residential or redeveloping the site to multifamily from its current density of 4.96 FAR to a density as high as a 10 FAR.

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Conditions
High Vacancy Property
Property Type
Office
Building Size
360,050 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1990
Percent Leased
34%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
40,528 SF
Slab To Slab
13’
Building FAR
4.95
Lot Size
1.67 AC
Zoning
C-O - Limited office building land use, with potential for office, hotel, multifamily, commercial, and institutional redevelopment in older commercial areas
Parking
693 Spaces (1.92 Spaces per 1,000 SF Leased)

AMENITIES

  • Metro/Subway
  • Energy Star Labeled

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 200
  • 18,137 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 2nd Fl-Ste 220/230
  • 5,684-18,719 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 3rd Floor
  • 40,314 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 4th Floor
  • 40,314 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 5th Floor
  • 40,314 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 8th Floor
  • 15,000-40,314 SF
  • Office
  • Full Build-Out
  • Now

• Ideal for high-end corporate HQ • Modern infrastructure to support technology companies and consulting firms • Flexible open plan environment with generous meeting and collaboration spaces • Large, efficient and column-free floorplates • 3 stairwells per floor for dense-packing and conferencing space • Convenient to Court House Metro, Rosslyn Metro, and D.C. • Strong institutional ownership • 2020 renovations to include tenant lounge, conference center, coffee bar, lobby refresh, and new fitness center with lockers, showers and towel service • Energy Star Rated, LEED Platinum Certified, Fitwel Certified

  • 9th Floor
  • 41,138 SF
  • Office
  • Shell Space
  • Now

• Ideal for high-end corporate HQ • Modern infrastructure to support technology companies and consulting firms • Flexible open plan environment with generous meeting and collaboration spaces • Large, efficient and column-free floorplates • 3 stairwells per floor for dense-packing and conferencing space • Convenient to Court House Metro, Rosslyn Metro, and D.C. • Strong institutional ownership • 2020 renovations to include tenant lounge, conference center, coffee bar, lobby refresh, and new fitness center with lockers, showers and towel service • Energy Star Rated, LEED Platinum Certified, Fitwel Certified

Space Size Space Use Condition Available
2nd Fl-Ste 200 18,137 SF Office Full Build-Out Now
2nd Fl-Ste 220/230 5,684-18,719 SF Office Full Build-Out Now
3rd Floor 40,314 SF Office Full Build-Out Now
4th Floor 40,314 SF Office Full Build-Out Now
5th Floor 40,314 SF Office Full Build-Out Now
8th Floor 15,000-40,314 SF Office Full Build-Out Now
9th Floor 41,138 SF Office Shell Space Now

2nd Fl-Ste 200

Size
18,137 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 220/230

Size
5,684-18,719 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size
40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Floor

Size
40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

8th Floor

Size
15,000-40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

9th Floor

Size
41,138 SF
Space Use
Office
Condition
Shell Space
Available
Now
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (75)

PROPERTY TAXES

  • Listing ID: 33718910

  • Date on Market: 11/1/2024

  • Last Updated:

  • Address: 1320 N Courthouse Rd, Arlington, VA 22201