Holliday Fenoglio Fowler LP (HFF), as exclusive representative, is marketing a 338,844-square-foot (BOMA), Class A office building for sale that is in the heart of downtown Bethesda, Maryland. Currently 90% leased to 19 tenants with 4.1 years of weighted average remaining lease term and 53% of RBA expiring in the first four years of an investor’s hold, 7500 Old Georgetown Road is one of the best risk-adjusted office investment opportunities in the region. Accordingly, the office building for sale is a unique core-plus opportunity with upside potential in one of Washington, D.C.’s top-performing office submarkets. An investor can capitalize on the asset’s preeminent Bethesda location while also upgrading the building’s amenity offerings to achieve attractive risk-adjusted returns.
Located on top of the Bethesda Metro Station (Red Line), the iconic property sits at the intersection of Wisconsin Avenue and Old Georgetown Road on the most prominent corner in Bethesda. The property is near the future Purple Line Station which, with the Red Line Station, are walkable via a below-grade, covered passageway from the property. 7500 Old Georgetown Road also features convenient vehicular accessibility to the entire Washington, D.C. metropolitan area via Wisconsin Avenue and the Capital Beltway (Interstate 495).
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