6411 Chillum Pl NW | Washington, DC 20012
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- LoopNet Team
6411 Chillum Pl NW
Washington, DC 20012
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Fresenius executed an early 5-year lease extension in 2024, showing location commitment. 6.5+ years remain on the current lease term.
- Operating three shifts daily (6am-7:30pm) six days weekly, this 12-station facility demonstrates high patient demand.
- Lease guaranteed by Renal Advantages Inc., a wholly owned Fresenius subsidiary.
- At $13.20/sq ft, this 18,962 sq ft facility is priced well below market comparables, offering strong upside potential.
- Located in dense Washington DC area with 770,000+ residents and $130,000+ average household income within 5 miles.
- Includes 4.15% (2027) and 3.64% (2029) rent increases, plus 10% escalations at each 5-year option period.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
18,962 SF
Building Class
B
Year Built/Renovated
1960/2017
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
9,481 SF
Slab To Slab
9’
Building FAR
1.02
Lot Size
0.43 AC
Zoning
PDR-1 - This designation encourages a mix of residential, commercial, and light industrial uses to foster cohesive communities.
Parking
10 Spaces (0.53 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 3371-0056 | Improvements Assessment | $2,320,960 |
| Land Assessment | $1,032,600 | Total Assessment | $3,353,560 |
PROPERTY TAXES
Parcel Number
3371-0056
Land Assessment
$1,032,600
Improvements Assessment
$2,320,960
Total Assessment
$3,353,560
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