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1320 N Courthouse Rd

360,050 SF 34% Leased 4-Star Office Building Arlington, VA 22201 For Sale

Investment Highlights

  • Opportunity to Acquire a Virtually Blank Canvas at a Historically Low Basis
  • By-Right Redevelopment Optionality– Up to 10 FAR with RE-GLUP
  • Mature Market with High Barrier to Entry
  • Irreplaceable, Transit Oriented Location
  • Access to Unrivaled Demographic Profile

Executive Summary

Transwestern’s Mid-Atlantic Capital Markets Group, as the exclusive advisor, is pleased to present the opportunity to acquire 1320 N Courthouse (“The Property”), a 360,050 SF office building located within the highly sought after Rosslyn-Ballston (RB) Corridor. The Property is currently 18% leased to three tenants, offering investors a clear path to converting the Property to residential or redeveloping the site to multifamily from its current density of 4.96 FAR to a density as high as a 10 FAR.

Property Facts

Sale Type
Investment
Sale Conditions
High Vacancy Property
Property Type
Office
Building Size
360,050 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1990
Percent Leased
34%
Tenancy
Multiple
Number of Floors
9
Typical Floor Size
40,528 SF
Slab to Slab
12 ft
Building FAR
4.96
Land Acres
1.67 AC
Zoning
C-O - Limited office building land use, with potential for office, hotel, multifamily, commercial, and institutional redevelopment in older commercial areas
Parking
693 Spaces (1.92 Spaces per 1,000 SF Leased)

Amenities

  • Public Transport
  • Energy Star Labelled

Sustainability

Energy Star
90
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 200
  • 18,137 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 2nd Fl-Ste 220/230
  • 5,684-18,719 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 3rd Floor
  • 40,314 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 4th Floor
  • 40,314 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 5th Floor
  • 40,314 SF
  • Office
  • Full Build-Out
  • Now

Full floor available

  • 8th Floor
  • 15,000-40,314 SF
  • Office
  • -
  • Now

• Ideal for high-end corporate HQ • Modern infrastructure to support technology companies and consulting firms • Flexible open plan environment with generous meeting and collaboration spaces • Large, efficient and column-free floorplates • 3 stairwells per floor for dense-packing and conferencing space • Convenient to Court House Metro, Rosslyn Metro, and D.C. • Strong institutional ownership • 2020 renovations to include tenant lounge, conference center, coffee bar, lobby refresh, and new fitness center with lockers, showers and towel service • Energy Star Rated, LEED Platinum Certified, Fitwel Certified

  • 9th Floor
  • 41,138 SF
  • Office
  • Shell Space
  • Now

• Ideal for high-end corporate HQ • Modern infrastructure to support technology companies and consulting firms • Flexible open plan environment with generous meeting and collaboration spaces • Large, efficient and column-free floorplates • 3 stairwells per floor for dense-packing and conferencing space • Convenient to Court House Metro, Rosslyn Metro, and D.C. • Strong institutional ownership • 2020 renovations to include tenant lounge, conference center, coffee bar, lobby refresh, and new fitness center with lockers, showers and towel service • Energy Star Rated, LEED Platinum Certified, Fitwel Certified

Space Size Space Use Condition Available
2nd Fl-Ste 200 18,137 SF Office Full Build-Out Now
2nd Fl-Ste 220/230 5,684-18,719 SF Office Full Build-Out Now
3rd Floor 40,314 SF Office Full Build-Out Now
4th Floor 40,314 SF Office Full Build-Out Now
5th Floor 40,314 SF Office Full Build-Out Now
8th Floor 15,000-40,314 SF Office - Now
9th Floor 41,138 SF Office Shell Space Now

2nd Fl-Ste 200

Size
18,137 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 220/230

Size
5,684-18,719 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size
40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Floor

Size
40,314 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

8th Floor

Size
15,000-40,314 SF
Space Use
Office
Condition
-
Available
Now

9th Floor

Size
41,138 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste 200

Size 18,137 SF
Space Use Office
Condition Full Build-Out
Available Now

Full floor available

2nd Fl-Ste 220/230

Size 5,684-18,719 SF
Space Use Office
Condition Full Build-Out
Available Now

Full floor available

3rd Floor

Size 40,314 SF
Space Use Office
Condition Full Build-Out
Available Now

Full floor available

4th Floor

Size 40,314 SF
Space Use Office
Condition Full Build-Out
Available Now

Full floor available

5th Floor

Size 40,314 SF
Space Use Office
Condition Full Build-Out
Available Now

Full floor available

8th Floor

Size 15,000-40,314 SF
Space Use Office
Condition -
Available Now

• Ideal for high-end corporate HQ • Modern infrastructure to support technology companies and consulting firms • Flexible open plan environment with generous meeting and collaboration spaces • Large, efficient and column-free floorplates • 3 stairwells per floor for dense-packing and conferencing space • Convenient to Court House Metro, Rosslyn Metro, and D.C. • Strong institutional ownership • 2020 renovations to include tenant lounge, conference center, coffee bar, lobby refresh, and new fitness center with lockers, showers and towel service • Energy Star Rated, LEED Platinum Certified, Fitwel Certified

9th Floor

Size 41,138 SF
Space Use Office
Condition Shell Space
Available Now

• Ideal for high-end corporate HQ • Modern infrastructure to support technology companies and consulting firms • Flexible open plan environment with generous meeting and collaboration spaces • Large, efficient and column-free floorplates • 3 stairwells per floor for dense-packing and conferencing space • Convenient to Court House Metro, Rosslyn Metro, and D.C. • Strong institutional ownership • 2020 renovations to include tenant lounge, conference center, coffee bar, lobby refresh, and new fitness center with lockers, showers and towel service • Energy Star Rated, LEED Platinum Certified, Fitwel Certified

Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-003-113
Land Assessment
£16,826,144
Improvements Assessment
£47,669,929
Total Assessment
£64,496,073
  • Listing ID: 33718910

  • Date on Market: 01/11/2024

  • Last Updated:

  • Address: 1320 N Courthouse Rd, Arlington, VA 22201

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