1717 N Street NW

Washington, D.C. 20036

Offering Memorandum

The Offering

Summary

  • List Price $3,100,000
  • Gross Building Area 4,666 SF
  • Zoning MU-1/DC
  • Neighborhood Dupont Circle
  • Product Type Office
  • Occupancy 100%
  • Levels 4
  • On-Site Parking 2 Spaces

Investment Summary

Feldman Ruel is pleased to present 1717 N Street NW, a fully-occupied, four-level, boutique office property totaling approximately 4,666 square feet. The subject property’s MU-1/DC zoning classification permits a wide-range of uses including retail, office, and residential. 1717 N Street NW will be delivered fully occupied upon sale. One of the three office suites is occupied by the owner, who is prepared to sign a six-to-12-month lease upon sale. Additionally, the shared conference room on the first level could be converted to another office space for an owner-occupant or tenant for additional revenue. Located only a few blocks from the Dupont Circle, Farragut North, and Farragut West Metro stations and surrounded by a bevy of retailers, restaurants, hotels, and other neighborhood amenities, 1717 N Street NW provides an excellent opportunity to acquire a stabilized office property in one of Washington, D.C.’s most dynamic neighborhoods.

Investment Highlights

• Flexible Occupancy | 1 Month-To-Month Tenant

• Sale-Leaseback Opportunity | Maximum 6-to-12 Month Term

• Unutilized GLA | Space on First Level can be Converted to Another Suite
• Recent Building Upgrades Include New HVAC, Fire Alarm, Intercom, Carpet, & Ceramic Façade

• Located Outside of DuPont Circle Business Improvement District

• Average Household Income of $151,862 within a 1-Mile Radius

Listing Agents

Ryan Smith

Ryan Smith

Associate Director
Direct: (202) 318-6808
Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833
Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844