1050 Connecticut AveWashington, DC 20036
- Office properties
- 967,088 SF
Property Details for 1050 Connecticut Ave
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.48 AC
- Property size (Sq ft)
- 967,088 SF
- Zone code
- D-6
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0163 0055
- APU
- 1630055
Description
This prestigious Class A office building at 1050 Connecticut Ave NW, Washington, DC 20036, offers 32,536 square feet of versatile space. Located in the heart of the city, just three blocks from the White House and steps from Farragut North Station, this property boasts a stunning two-story atrium entrance. The building features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. Options include private, fully furnished executive offices, coworking spaces, and creative office layouts, catering to businesses of all sizes. Amenities include an on-site fitness center and proximity to numerous restaurants and retail options. The building underwent renovations in 2019 and includes elevators. This exceptional location and flexible space options make it an ideal choice for businesses seeking a thriving and convenient address in the nation's capital. The building is in District of Columbia County and offers multiple tenancy options.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $249,924,752
- 6.5%
- $230,699,760
- 7%
- $214,221,216
-
Comparable approach
- Method
- Valuation
- Relative Method
- $161,513,360
- Geo Method
- $161,513,360
-
Alternative Use
- Use
- Valuation
- Residential
- $286,067,712
- Hospitality
- $262,036,480
- Educational
- $218,011,280
- Medical
- $225,509,024
- Retail
- $339,128,640
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Latitude
- 38.9034
- Longitude
- -77.0407
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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