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Howard University - Washington, D.C. 1851 9th St NW 29,934 SF Office Building Washington, DC 20001 For Sale
EXECUTIVE SUMMARY
Up to $600,000 in first year tax savings through Cost Segregation & Depreciation
- 3% Annual Rent Increases
- NNN Fee simple passive investment
- Land and building acquisition, 80% depreciable asset
- Investment Grade Credit Rating (Fitch BBB) The Howard University
- On-site property manager paid by tenant
- Two blocks from Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms
- 3% Annual Rent Increases
- NNN Fee simple passive investment
- Land and building acquisition, 80% depreciable asset
- Investment Grade Credit Rating (Fitch BBB) The Howard University
- On-site property manager paid by tenant
- Two blocks from Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
29,934 SF
Building Class
B
Year Built/Renovated
1932/2025
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
7,484 SF
Building FAR
4.00
Lot Size
0.17 AC
Zoning
RF-1 - RF-1: Residential Flat
AMENITIES
- Air Conditioning
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (80)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 0394-0874 | Improvements Assessment | $8,645,360 |
| Land Assessment | $1,453,730 | Total Assessment | $10,099,090 |
PROPERTY TAXES
Parcel Number
0394-0874
Land Assessment
$1,453,730
Improvements Assessment
$8,645,360
Total Assessment
$10,099,090
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Howard University - Washington, D.C. | 1851 9th St NW
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