6800 Cameron Drive NW

Washington, D.C. 20012

Offering Memorandum

The Offering

Summary

  • List Price $3,995,000
  • Total Lot Size 88,233 SF
  • Interior Building Size 22,253 SF
  • Zoning WR-5
  • Historic Use Central Heating Plant
  • Potential Uses Retail, Restaurant, Office, Medical, Childcare, Education, Fitness, & More

Investment Summary

Feldman Ruel is pleased to offer for sale Building 15 located at 6800 Cameron Drive NW in The Parks at Historic Walter Reed community in Washington, D.C. Originally serving as the central heating plant for the Walter Reed campus, this historic property offers a rare opportunity for a flagship redevelopment in an iconic building on a newly energized master-planned section of DC. With flexible WR-5 zoning, Building 15 is well-suited for a variety of uses, including retail (such as restaurants), office, medical, childcare, education, fitness, and more. Additionally, the property conveys with a long-term lease, providing steady cash flow to a new investor through November 2066.

Investment Highlights

• Ideal Owner-User Opportunity | Majority of Building Will Be Delivered Vacant at Closing

• Situated on Over 2 Acres of Land | Ideal Opportunity for Exterior Activation

• Conveys with Long-Term Lease to WGL Energy Systems | Paying $7,984.86 Per Month with 2% Annual Increases
• One of D.C.’s Most Unique Historic Buildings | Ceiling Heights up to 46’

• WR-5 Zoning Allows for a Number of By-Right Uses Including Retail, Food & Beverage, Office, Medical, Childcare, Fitness, and Others

• Strong Surrounding Development Pipeline That Will Deliver 2,200 Residential Units, 300,000 Square Feet of Office, & 220,000 Square Feet of Retail

Listing Agents

Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844
Ryan Smith

Ryan Smith

Associate Director
Direct: (202) 318-6808
Brandon Cardwell

Brandon Cardwell

Investment Associate
Feldman Ruel
(240) 932-0015
Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833