Avison Young’s U.S. Capital Markets Group, as the exclusive advisor to the owner, is pleased to offer the opportunity to purchase “Children’s - Takoma Theatre”.
Located at 6833 4th Street NW in Washington, DC, the property is currently occupied by Children’s National Medical Center for use as a state-of-the-art pediatric facility for behavioral health and medicine, hearing, speech, and autism. Previously operating as a live performance venue, Takoma Theatre is best known for Chris Rock’s famous 1996 HBO Comedy Special, “Bring the Pain,” which won two Emmys and a Grammy Award. The property is a DC treasure and is listed on the National Register of Historic Places.
SIGNIFICANT TENANT INVESTMENT
Children’s National Medical Center invested roughly $11 million of their own money into the build out of the space, along with the Landlord’s tenant allowance
100% LEASED TO CREDIT TENANT
Children’s Hospital maintains investment grade credit with an S&P: A+ rating and Moody’s: A1 rating
NNN LEASE
The lease provides an investor with no landlord responsibilities
EASE OF ACCESSIBILITY
A dedicated parking lot serves the property and the Metro is just two blocks away