Log In/Sign Up
Your email has been sent.
Prime K St. Office | Steps from White House 1627 K St NW 68,634 SF 32% Leased Office Building Online Auction Sale Washington, DC 20006
Investment Highlights
- Newly renovated Downtown DC mixed-use office building featuring a full-service concierge, advanced security systems, & high-speed Schindler elevators.
- Compelling opportunity to drive NOI and enhance value through continued leasing momentum and strategic repositioning within a premier CBD location.
- Impressively educated workforce with 73% of residents holding a bachelor's or higher within a 3-mile radius, and next to George Washington University.
- Well-connected, embedded in the Golden Triangle, directly along K Street/US 29, just a 5-min walk from the White House, and next to Farragut Square.
- Quick access to I-66, I-395, I-695, & US 1, 4.5 miles from DCA, and 5-min walk from McPherson Square, Farragut West, & Farragut North metro stations.
Executive Summary
1627 K Street NW presents a 12-story, exceptionally maintained office and retail asset totaling 63,399 square feet with 3,733 square feet of ground-floor retail and 59,666 square feet of office space in the heart of Washington, DC's Golden Triangle. Originally constructed in 1977 and extensively renovated in 2017, the property's significant capital investments include a modernized lobby, upgraded restrooms, and high-speed Schindler elevators with refreshed cab finishes, complemented by a full-service concierge and Datawatch security system. Positioned within the Central Business District along the highly coveted K Street Corridor, steps from Farragut Square, and within a five-minute walk of the White House, the property anchors long-term tenant demand and institutional visibility.
1627 K Street NW is within a five-minute walk of Farragut North, Farragut West, and McPherson Square Metro stations, providing direct access to the Red, Orange, and Blue lines for efficient transit across DC and surrounding suburbs. The office boasts quick access to primary DC arterial routes, sitting within a 2-mile drive of Interstates 66, 695, and US Route 1. Ronald Reagan Washington National Airport (DCA) is approximately 4.5 miles away, while Dulles International Airport is within 25 miles, reinforcing strong national connectivity for business travel.
A dense, affluent population defines the surrounding 3-mile radius, encompassing more than 210,000 households with average incomes exceeding $158,000. 1627 K Street NW has a wealth of highly educated daytime employees, with 73% of residents holding a bachelor's degree or higher, and is also close to George Washington University, Georgetown University, and American University.
1627 K Street NW is a premier opportunity for savvy investors to benefit from sustained demand drivers within one of the nation's most resilient office markets.
Property tours are by appointment only. Please contact the listing broker to schedule.
1627 K Street NW is within a five-minute walk of Farragut North, Farragut West, and McPherson Square Metro stations, providing direct access to the Red, Orange, and Blue lines for efficient transit across DC and surrounding suburbs. The office boasts quick access to primary DC arterial routes, sitting within a 2-mile drive of Interstates 66, 695, and US Route 1. Ronald Reagan Washington National Airport (DCA) is approximately 4.5 miles away, while Dulles International Airport is within 25 miles, reinforcing strong national connectivity for business travel.
A dense, affluent population defines the surrounding 3-mile radius, encompassing more than 210,000 households with average incomes exceeding $158,000. 1627 K Street NW has a wealth of highly educated daytime employees, with 73% of residents holding a bachelor's degree or higher, and is also close to George Washington University, Georgetown University, and American University.
1627 K Street NW is a premier opportunity for savvy investors to benefit from sustained demand drivers within one of the nation's most resilient office markets.
Property tours are by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
- Jesuit Refugee Service
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
68,634 SF
Building Class
B
Year Built/Renovated
1977/2017
Percent Leased
32%
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
6,585 SF
Building FAR
10.19
Lot Size
0.15 AC
Parcel Number
0184-0805
Zoning
D-6 - Permits high-density commercial and residential development.
Parking
8 Spaces (0.1 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Concierge
- Security System
- Air Conditioning
1 1
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Very bikeable
80/100
About Washington DC CBD
Washington, D.C.'s Central Business District is one of Washington's largest and most valuable submarkets in Washington, with local and national reputation advantages, both key selling points for tenants and property investors.
Today's evolving office market has brought this area into range for some investors who hadn't previously considered assets in the nation's capital. A push by the district's administration to jump-start population growth, turning the area into more of a live-work-play environment via multifamily conversions, opens those possibilities.
Companies are attracted to the area for its nearly peerless supply of top-end workforce talent. Recruitment from nearby universities like Georgetown, George Washington University, and American University is constant.
The International Monetary Fund, the World Bank, and countless global market movers have headquarters here. Large law firms are also well-represented downtown, including WilmerHale and Greenberg Traurig. And while there is a long list of other household names that maintain office space here, tenant rosters are now deeper with growing tech, coworking, and digital media presence.
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
68,819
398,830
821,463
2020 Population
68,618
381,309
797,208
2030 Population
72,644
423,617
866,231
2025-2030 Projected Population Growth
5.6%
6.2%
5.4%
Daytime Employees
265,968
579,798
766,612
Total Businesses
21,881
47,690
68,760
Average Household Income
$154,549
$158,354
$151,691
Median Household Income
$126,824
$131,973
$122,698
Total Consumer Spending
$1.2B
$6.9B
$12.9B
Median Age
34.4
35.8
36.7
2025 Households
39,195
210,031
390,809
Percent College Degree or Above
29%
30%
27%
Average Home Value
$455,333
$477,997
$539,277
$ values in USD
About the Architect
Read More
Other Properties in the WDG Architecture Portfolio
Sale Advisors
Sale Advisors
William Montrose, Principal
Mr. William ("Bill") Montrose is a Principal and one of the founders of AMR Commercial, LLC. He has been a licensed Salesperson in Maryland, District of Columbia, and Virginia since 1989 and began in commercial real estate in 1989 at Colquitt-Carruthers, Inc. where he remained until 1994 when he and two partners founded AMR. He specializes in leasing and sales. Bill has exclusively represented landlords such as The Bernstein Companies, Home Properties, Atlantic Realty, Ronald D. Paul Management, Royco, Inc., and Peel Properties. Tenant representation clients include United Therapeutics, MicroTechnologies, SurgCenter Development, Preventuon of Blindess Sociey of Washington D.C. and EagleBank. Medical landlord and medical tenant representation are also a focal point in leasing and selling activities. Bill presently serves as Chairman and has served from 2008 – 2016 on the Board of Directors of the CORE Real Estate Network which is nationally raked as 8th largest commercial real estate company by sales and leasing transaction dollar value. He graduated from Catholic University of America in 1987 and is a life long resident of Montgomery County, Maryland.
Zach Dubin, Senior Vice President
Zach Dubin is a Senior Vice President at AMR. He has been a licensed Salesperson in Maryland, District of Columbia, and Virginia since 2012. He graduated from Winston Churchill HS in 2004 and The University of Maryland, College Park in 2008. Zach specializes in office, retail, and industrial leasing and sales. Zach provides commercial real estate services to tenants, owners, and investors in the Greater Washington D.C. Metropolitan area. He is an avid golfer and a big fan of University of Maryland sports. He resides in North Bethesda, Maryland with his wife and son.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Casey Harrell
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr BR40000233
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
1 of 1
Presented by
Prime K St. Office | Steps from White House | 1627 K St NW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Presented by
Prime K St. Office | Steps from White House | 1627 K St NW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.