202-723-5500
6323 Georgia Ave NW, Washington, DC for Sale
Medical - FOR SALE
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6323 Georgia Ave NW
Washington, DC 20011


HIGHLIGHTS

  • Ideally located at main intersection serving as the medical center for the community.
  • Bus stop for multiple bus lines directly at front of property offering door-to-door service for walk-in clients.
  • Long term anchor tenants United States Postal Service and USA Vein Clinics.
  • Located on the corner of two highly trafficked roads that sees ~40,000 vehicles daily.
  • T-mobile has invested over a million dollars installing cell towers that guarantees income for many years to come.

OVERVIEW

Capital Investment, LLC, as Exclusive Agent for the Seller, is pleased to present the Metropolitan Medical Center located at 6323 Georgia Avenue NW, a 43,683 SF Medical Office Building set on a 0.78 acre corner lot in Northwest Washington, D.C. (the “Property”). The ADA compliant Property includes an on-site pharmacy, a laboratory and two emergency power generators. Among the anchor tenants at the Metropolitan Medical Center is USA Vein Clinics. With over 150 locations, USA Vein Clinics is the largest provider of vein and other vascular procedures in the country. The company has recently extended their lease at the Property to 2029 and has doubled the size of their office space. The Property is +/-90% leased with Medical Office Tenants. In addition to the Medical Office Tenants, there are long term leases in place with the U.S. Postal Service and T-mobile. The USPS signed 5-year option extension expires in 2030 and T-mobile in recent years increased the footprint of their cell tower leases on roof. The property is embedded in the community and located at the intersection of four of the most vibrant neighborhoods in Northwest D.C.: Manor Park, Brightwood, 16th Street Heights, and Petworth. The Parks at Walter Reed is only 4 blocks to the north and is a billion dollars 3.1 million square feet development which includes residential, retail, and office space. Nearby amenities include Walmart, Safeway, and the newly opened Art Place at Fort Totten. Brightwood’s central location ensures excellent connectivity, with easy access to major transportation routes and metro stations such as Takoma Park, Georgia Avenue-Petworth, and Fort Totten, allowing easy travel throughout Washington, DC, and downtown Silver Spring, MD

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metropolitan Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

MU-4

APN/PARCEL ID

2978-0040

ASK ABOUT THIS PROPERTY

Reza SabaiiCapital Investment, LLCMore Info
202-723-5500

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Reza SabaiiCapital Investment, LLCMore Info
202-723-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.