Office Residential For Sale • 10,500 SF
| 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 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Chevy Chase Circle Trophy Asset | 10,500 SF | 5/31/2027 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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/Subway | Drive | Walk | Distance |
| Friendship Heights (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) | 2 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| 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 Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |