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Investment Highlights

  • Ideal Owner-User Opportunity | Majority of Building Will Be Delivered Vacant at Closing
  • Conveys with Long-Term Lease to WGL Energy Systems | Paying $7,984.86 Per Month with 2% Annual Increases
  • Strong Surrounding Development Pipeline That Will Deliver 2,200 Residential Units, 300,000 Square Feet of Office, & 220,000 Square Feet of Retail
  • Situated on Over 2 Acres of Land | Ideal Opportunity for Exterior Activation
  • WR-5 Zoning Allows for a Number of By-Right Uses Including Retail, Food & Beverage, Office, Medical, Childcare, Fitness, and Others

Executive 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.

Property Facts Under Contract

Price $5,554,129 CAD
Price Per SF $249.59 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type
Industrial
  • General Retail Restaurant
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class C
Lot Size 2.03 AC
Rentable Building Area 22,253 SF
No. Stories 2
Year Built 1917
Tenancy Single
Opportunity Zone Yes
Zoning WR-5 - Provide moderate-density residential and commercial development that also supports arts and cultural uses
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100
  • Listing ID: 34951152

  • Date on Market: 2025-02-26

  • Last Updated:

  • Address: 6800 Cameron Dr NW, Washington, DC 20012

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