Marcus & Millichap has completed the sale of 6400 Georgia Avenue N.W., a 13-suite mixed-use property located in Washington, D.C. The property sold for $4.3 million.

“This was an exciting property to sell because of its location and the value-add opportunity for the new buyer, though it was also a challenging transaction due to the 50% vacancy,” said Lorenzo Wooten, first vice president of investments. Wooten and Jacob Krens, investment specialists in Marcus & Millichap’s Washington D.C. office, had the exclusive listing to market the property on behalf of the estate of the family that owned this property.

The property is situated on 0.15 acres in Washington, D.C.’s Brightwood neighborhood. It offers 20,680 square feet of office and retail space across two floors. The first floor’s seven suites are fully leased with triple net leases, including a Subway and other long-term local businesses. The second floor features six office suites, which were all vacant at the time of the sale.