Dupont Circle Victorian Row House Office 1906 Sunderland Pl NW 5,097 SF 100% Leased Office Building Washington, DC 20036 $3,875,564 CAD ($760.36 CAD/SF) 4.29% Cap Rate
INVESTMENT HIGHLIGHTS
- 1906 Sunderland Place NW is a beautiful, Victorian row house-style office asset totaling over 5,000 SF across four stories.
- 1906 Sunderland Place NW is near Connecticut Ave NW and within 0.66 miles of five Metro stations, including Dupont Circle Metro station.
- Asset presents immense value-add opportunity through a strategic lease-up plan in a building that can accommodate multiple tenants.
- Irreplaceable Dupont Circle location with lush tree-lined streets, historic museums, art galleries, fine dining, and green spaces.
- Desirable demographics include over 69,500 residents within a mile of the property and an average annual household income exceeding $152,300.
EXECUTIVE SUMMARY
1906 Sunderland Place NW is a beautiful, Victorian row house-style office asset totaling over 5,000 SF across four stories. Irreplaceable Dupont Circle location with lush tree-lined streets, historic museums, art galleries, fine dining, and green spaces. 1906 Sunderland Place NW is near Connecticut Ave NW and within 0.66 miles. of five Metro stations, including Dupont Circle Metro station. Desirable demographics include over 69,500 residents within a mile of the property and an average annual household income exceeding $152,300.
Asset presents immense value-add opportunity through a strategic lease-up plan in a building that can accommodate multiple tenants.
Asset presents immense value-add opportunity through a strategic lease-up plan in a building that can accommodate multiple tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,097 SF
Building Class
C
Year Built/Renovated
1884/2010
Price
$3,875,564 CAD
Price Per SF
$760.36 CAD
Cap Rate
4.29%
NOI
$166,096 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,274 SF
Slab To Slab
10’
Building FAR
2.34
Lot Size
0.05 AC
Zoning
MU-16 - Mixed Use
Parking
1 Space (0.2 Spaces per 1,000 SF Leased)
AMENITIES
- Fireplace
1 of 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 0115-0802 | Improvements Assessment | $455,878 CAD |
| Land Assessment | $1,406,682 CAD | Total Assessment | $1,862,560 CAD |
