6833 4th St NW

23,140 SF Office Building Washington, DC 20012 $19,000,000 ($821/SF)

EXECUTIVE SUMMARY

Avison Young’s U.S. Capital Markets Group, as the exclusive advisor to the owner, is pleased to offer the opportunity to purchase “Children’s - Takoma Theatre”.
Located at 6833 4th Street NW in Washington, DC, the property is currently occupied by Children’s National Medical Center for use as a state-of-the-art pediatric facility for behavioral health and medicine, hearing, speech, and autism. Previously operating as a live performance venue, Takoma Theatre is best known for Chris Rock’s famous 1996 HBO Comedy Special, “Bring the Pain,” which won two Emmys and a Grammy Award. The property is a DC treasure and is listed on the National Register of Historic Places.
100% LEASED TO CREDIT TENANT
Children’s Hospital maintains investment grade credit with an S&P: A+ rating and Moody’s: A1 rating
NNN LEASE
The lease provides an investor with no landlord responsibilities
EASE OF ACCESSIBILITY
A dedicated parking lot serves the property and the Metro is just two blocks away

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
23,140 SF
Building Class
A
Year Built/Renovated
1928/2017
Price
$19,000,000
Price Per SF
$821
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
11,570 SF
Slab To Slab
9’
Building FAR
1.13
Lot Size
0.47 AC
Zoning
C2A - Commercial (Regional Shopping Centre)
Parking
17 Spaces (2.6 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Children's National Hospital is ranked highly in the nation by U.S. News & World Report. It is recognized as the best in the Mid-Atlantic for neonatology, cancer, and neurology and neurosurgery. The hospital is also ranked in all of its specialties, earning top honors in neurology and neurosurgery, cancer, nephrology, orthopaedics, pulmonology and lung surgery, and diabetes and endocrinology. This acknowledgment of its commitment to enhancing the health and well-being of all children continues to inspire its teams. Home to the Children’s National Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, Children's National receives much of its research funding from federal agencies, with much coming from the National Institutes of Health.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Health Care and Social Assistance 99,999 SF - Lorem Ipsum -
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (78)

PROPERTY TAXES

  • Listing ID: 34614742

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 6833 4th St NW, Washington, DC 20012