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Investment Highlights
- Well Maintained 9,388-SF Building on a 33,958-SF Lot with On-Site Parking
- NNN Lease Limits Landlord Responsibilities | Predictable & Sustainable Cash Flow
- Convenient Access to Major Highways & Multiple Modes of Public Transportation
- Extensive Upgrades Across All Building Systems Minimize Near-Term CapEx Needs
- Established Childcare Operator with a Proven Track Record & Mulitple Locations
Executive Summary
Feldman Ruel is pleased to offer for sale 4301 9th Street SE in Washington, D.C.'s evolving Congress Heights submarket. This 9,388-square-foot multipurpose commercial building is on a sizable 33,996-square-foot lot with valuable on-site parking. The subject property is fully leased to Jewels New Beginning Learning Center, an established childcare operator with proven success operating three locations in the submarket, creating a stable income stream backed by consistent demand fundamentals. Recent substantial capital improvements including but not limited to renovated restrooms, new floors, repaired HVAC systems, electrical systems, fire suppression, hot water heaters, and an elevator significantly reduce near-term capital expenditures and provide immediate operational stability. The triple-net lease structure minimizes landlord responsibilities, with the tenant assuming all day-to-day operational expenses and maintenance obligations except roof and structure. The subject property is proximate to several Metrobus stops and two Metro stations which are less than a 10-minute drive away, providing connectivity to Downtown Washington, D.C., Prince George's County, Maryland, and Northern Virginia. This investment presents an attractive opportunity for passive investors seeking predictable net income streams in a neighborhood experiencing renewed investment focus. The flexible layout and large lot provide optionality for investors to maintain stable cash flow or explore alternative uses for long-term value creation.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
9,388 SF
Building Class
B
Year Built/Renovated
2004/2020
Price
$2,500,000
Price Per SF
$266.30
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,129 SF
Building FAR
0.28
Lot Size
0.78 AC
Zoning
RF-1 - Residential
Parking
26 Spaces (2.77 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Property Taxes
| Parcel Number | 6159-0128 | Improvements Assessment | $2,494,020 |
| Land Assessment | $1,370,540 | Total Assessment | $3,864,560 |
Property Taxes
Parcel Number
6159-0128
Land Assessment
$1,370,540
Improvements Assessment
$2,494,020
Total Assessment
$3,864,560
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4301 9th St SE
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