Your email has been sent.
1441 L St NW
Washington, DC 20005
1441 L · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Ground floor conference facility
- Spa-quality fitness center
- Proximity to Washington Convention Center
- Rooftop terrace with exceptional views
- Expansive interior event spaces
- Thriving 14th Street retail and residential corridor
EXECUTIVE SUMMARY
Ownership continues to institutionally maintain the asset, including the expansive ground floor conference facility, and spa-quality fitness center. New ownership will have the opportunity to acquire a complete, new office building well below replacement cost and no near-term capital requirements.
Located at the confluence of the two largest and mature downtown office submarkets, the East End and Central Business District, 1441 L is surrounded by notable corporate tenants, leading universities, embassies, and the thriving 14th Street retail and residential corridor. Adjacent to Midtown Center’s premier food and beverage offerings, marquee tenants such as Fannie Mae, ArentFox Schiff, Freshfields, Bain Capital, Pillsbury, J.P. Morgan, and Sidley, are drawn to the vibrant neighborhood that offers proximity to Washington, D.C. ’s Convention Center, 6,000 hotel rooms, 6,300 residential units, and several Michelin Star restaurants. These dynamics position the Midtown micromarket to outperform the broader office market as tenants continue to seek occupy office space in amenitized, mixed-use neighborhoods.
Teaser: https://platform.reverecre.com/api/view-email/a7359894-fc36-4dc8-9a33-a3f2ff0bafcc
PROPERTY FACTS
AMENITIES
- Conferencing Facility
- Fitness Center
- Roof Terrace
SUSTAINABILITY
SUSTAINABILITY
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $74,105,534 | |
| Land Assessment | $62,139,360 | Total Assessment | $136,244,894 |
