Children’s National Medical Center

6833 4th Street NW | Washington, DC

Download Offering Memorandum

Stats

$19,000,000

Asking Price

5.0%

Cap Rate

$949,812

NOI

NNN

Lease Type

A NEWLY RENOVATED ESSENTITAL MEDICAL FACILITY
Children’s National Medical Center invested roughly $6 Million of their own money into the build out of the space, along with the Landlord’s tenant allowance

100% LEASED TO CREDIT TENANT
Children’s Hospital maintains investment grade credit with an S&P: A+ rating and Moody’s: A1 rating

LONG TERM INCOME SECURITY
The lease has 10-years remaining with 2.5% annual increases and two (5-year) renewal options
ABSOLUTE 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

Location Map

Team

Jonathan Hipp

Jonathan Hipp

Principal, Head of U.S. Net Lease
Avison Young
571 787 4725
Richard Murphy

Richard Murphy

Senior Vice President
Avison Young
571 449 8234
Tim Farrell

Tim Farrell

Senior Associate
Avison Young
571 723 2246