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1851 9th St NW - Howard University - Washington, D.C.

29,934 SF Speciality Building Offered at £14,507,150 at a 6.30% Net Initial Yield in Washington, DC 20001

Executive Summary

- NNN Fee simple passive investment
- Land and building acquisition, depreciable ownership of building (80% of offering)
- Lease signature by The Howard University, Investment Grade Credit Rating (Fitch BBB)
- Howard University paid on-site property management
- Recent improvements paid by Howard University include paint, carpet and new furniture to support the incoming Chadwick A Boseman College Of Fine Arts
- Situated at the prominent corner of 9th and T Street, a two block walk to Howard University Campus and Metro Station
- $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms

Property Facts

Price £14,507,150
Price Per SF £485
Sale Type Investment
Net Initial Yield 6.30%
Property Type Speciality
Property Subtype Schools
Building Class B
Lot Size 0.15 AC
Building Size 29,934 SF
Number of Floors 4
Year Built/Renovated 1932/2025
Tenancy Single
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Biker's Paradise (97)
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
0394-0874
Land Assessment
£1,161,995
Improvements Assessment
£5,338,802
Total Assessment
£6,500,797

zoning

Zoning Code RF-1 (RF-1: Residential Flat)
RF-1 (RF-1: Residential Flat)
  • Listing ID: 34383163

  • Date on Market: 06/01/2025

  • Last Updated:

  • Address: 1851 9th St NW, Washington, DC 20001

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