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20 Chevy Chase Cir NW
Washington, DC 20015 Chevy Chase DC

$9,144,000 USD

Office Residential For Sale  •  10,500 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 10,500 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning MU-3
60 Transit Score
90 Walk Score

Highlights

High barrier-to-entry market with a prominent regional brand.
Tenant renewed the lease for an additional three years in June 2024.
Exceptional visibility with exposure to over 80,000 VPD. Chevy Chase Circle is a major thoroughfare connecting NW Washington, DC and Chevy Chase, MD.
Affluent surrounding community with 201,458 residents within a 3-mile radius and an average household income of $258,785 within a 1-mile radius.
Long & Foster was acquired by parent company Berkshire Hathaway in 2017 and operates over 180 offices throughout the Mid-Atlantic region.
Landlord-friendly lease with minimal ownership responsibilities.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Chevy Chase Circle Trophy Asset 10,500 SF 5/31/2027

Amenities

  • 24 Hour Access

Public Transportation

Commuter RailDriveWalkDistance
Silver Spring (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) 12 min - 4.1 mi
Kensington (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) 11 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Friendship Heights (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 22 min - 10.8 mi
Washington Dulles International 44 min - 24.6 mi
Baltimore/Washington International Thurgood Marshall 49 min - 35.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Ben Kohl 202-573-2148 Sands Investment Group
Ben Kohl 202-573-2148 Sands Investment Group