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Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2022

Property Description

The location is also in the heart of the most robust and authentic urban residential and retail neighborhood in the city. Located near the intersection of 9th Street and M, in the desirable Shaw neighborhood – one of the fastest growing submarkets of Washington, DC-- the Property is less than a block from Metro (Green and Yellow line). As the city continues its eastward shift, 9th Street has become the spine of the city, connecting the new Whole Foods on the North End of Shaw with the Convention Center and City Center and ultimately the 9th Street tunnel to the Wharf/DCA/AmazonHQ2.

Investment Highlights

One of the best sites for development in Washington, DC, Blagden Alley is zoned MU-4, which zoning permits mixed use development of multifamily, office, hotel college/university and retail, among other uses. Currently improved with a one-story former garage (a contributing building in the Blagden Alley/Naylor Court Historic District) and surface parking lots, the well-located Property presents a rare opportunity to purchase a site for development that is located at the convergence of walkable proximity to the District of Columbia’s most exciting employment node, proximate to the “power block” were Arnold and Porter, Venable and the Advisory Board have their DC headquarters.
Susan Carras
Susan Carras
Senior Managing Director
License details
DC-BR694571 MD-2385 VA-0225019010
Walter Coker
Walter Coker
Managing Director, Capital Markets
License details
DC-SP98361589 MD-524884 VA-0225092459

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