TROPHY OFFICE TOWER WITH PANORAMIC VIEWSExtraordinary Opportunity in Washington, DC

For Sale

TROPHY OFFICE TOWER WITH PANORAMIC VIEWS

Property Address:

Property ID: 36

Rosslyn, Virginia, United States

Description:

Potomac Tower represents an extraordinary opportunity to acquire one of the most prominent office buildings in the Washington, DC market. Located on the banks of the Potomac River in Rosslyn, Virginia, Potomac Tower is a 237,594 square foot trophy office building offering a truly unmatched perspective of downtown Washington. Designed by renowned architect I.M. Pei, the building boasts exceptional design, construction, visibility, location and breathtaking views. It is currently 92% leased. Current in-place rents are as much as US$21 below market, offering investors significant upside potential as below market leases expire.

Features

Specifications

Square Feet 237,594
Year Built 1989
Building Height 19 Stories

Key Tenancy Details:

Tenant Lease Term Net Rental Income
p.a. Excl.GST
Friedman Billings, Ramsey Group. Inc. 11/30/2014 65%
Strategic Investment, Partners 11/30/2012 15%

For further details contact:

  • Paul Collins
  • Cassidy & Pinkard Colliers
  • +202 463 1105
  • +202 669 2805
  • John (Drew) Flood
  • Cassidy & Pinkard Colliers
  • +202 463 1108
  • +202 253 1073

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