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Property summary
This exceptional Class B medical office building at 2021 K Street NW, Washington, DC offers 7 available suites ranging from 640 to 5,096 square feet. The property is undergoing renovations under new ownership committed to enhancing both tenant and patient experiences. On-site property management and skilled building engineers ensure seamless operations. As an Energy Star building, it features built-out medical suites ready for immediate occupancy. Its convenient location is just three blocks from George Washington University Hospital and a short 13-minute drive to Ronald Reagan Washington National Airport (DCA). Public transportation is easily accessible, with Blue, Red, and Orange line Metro stations within an eight-minute walk. Enjoy the vibrant neighborhood with numerous dining options nearby, including The Prime Rib, Froggy Bottom, and Proper 21 K. This is a unique opportunity to secure high-quality medical office space in a prime Washington, DC location, with aggressive redevelopment rates and terms available for a limited time. The building's multiple tenancy structure provides flexibility for various practice sizes and needs.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-5 · Washington, DCAND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D-5 in Washington, DC.
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