5225 Wisconsin Avenue

Washington, District of Columbia

Building

Overview

Avison Young’s U.S. Capital Markets Group, the exclusive advisor to the Owner, is pleased to present the opportunity to acquire 5225 Wisconsin Avenue (the “Property”), an 88% leased 98,675 square foot (sf) medical office building with a gateway location in Washington, DC’s Friendship Heights neighborhood. The Property has been maintained and revitalized to the highest standards by its international institutional owner. It has been impressively repositioned with extensive renovations to the common areas including main lobby, corridors, restrooms, new elevator cabs, exterior hardscapes and parking garage.

New ownership will have the opportunity to rebrand the asset as a Class A medical office building and create value by increasing the percentage of medical office tenancy through a targeted leasing strategy. In the current robust healthcare environment, new ownership will have the ability to drive increased occupancy and higher rental rates from medical office tenants, as demand for medical office space is driven by an aging population, relocation of DC-licensed physicians from Downtown Washington and increasing pressure to move outpatient medical care away from hospital campuses and into the community.

Highlights

It is not often that you have the ability to add value by completing a transition of a building into the sought-after medical sector, in one of the wealthiest neighborhoods in the U.S. We’re excited to be bringing this opportunity to market. Below are a few highlights of the deal, with links to additional information.

- 88% leased, 98,000 square foot medical office opportunity with strong cash flow and nearly 6.5 years of WALT

- Outsized value-add yield potential

- Steps from Friendship Heights Metro, an established, wealthy neighborhood in the midst of significant transformation