Contacts

SRS Real Estate Partners

SRS Real Estate Partners
Property Details
- Property Type Office
- Property Size 29,934 SF
- Date Updated Feb 19, 2025
SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a freestanding, single-tenant, NNN leased, office investment property occupied by Howard University in Washington, D.C. The property is 100% leased to Howard University, the nation’s leading Historically Black College and University (HBCU), which holds a Fitch credit rating of BBB. With approximately 10 years remaining on the lease, this offering ensures long-term stability and security for investors. The lease features 3% annual rental increases, providing predictable and growing cash flow throughout the term. This low-management investment is ideal for passive investors, as the NNN lease structure requires the tenant to cover all CAM, taxes, insurance, and maintenance, while the landlord’s responsibilities are limited to structural maintenance, waterproofing, and exterior replacement costs..
Reach out to the broker for more info on lease terms and amenities
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Washington, DC
- Neighborhood Shaw
- Zip Code 20001
- Market Washington DC Suburban Maryland
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.