1050 Connecticut AveWashington, DC 20036

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 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.

• 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

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