Auction set for 2000 Duke Street in Alexandria’s Carlyle District
23 Abril 2024 - 9:43AM
Business Wire
A 164,407-square-foot office building at 2000 Duke Street in Old
Town Alexandria’s Carlyle District will be sold in a foreclosure
auction Thursday, May 16, with RealMarkets, a Century 21 Commercial
New Millennium team, handling the sale. Old Dominion Trustees, Inc.
is the Substitute Trustee.
The successful bidder will own the five-story building on
approximately 1.6 acres subject to a ground lease. The terms of the
ground lease are set forth in an Amended and Restated Deed of Lease
between Terra Funding – Duke, LC and 2000 Duke, LLC.
The building is approximately 44 percent occupied by two full
floor tenants. It features five floors, a marble lobby, entry
security and 296 private underground parking spaces. The fourth and
fifth floors, as well as some smaller spaces on the ground floor,
are available.
It will sell to the highest bidder over a $500,000 minimum bid.
In February 2019, the property sold for $57.75 million, according
to public records.
The zoning is CDD-1, Coordinated Development District. Amenities
include a gym, showers with lockers, a loading dock and an office.
It is adjacent to the King Street-Old Town Metro Station.
The auction will be held at noon Eastern Time Thursday, May 16,
at the property. Individuals seeking more information may visit
RealMarkets.com or call David Lowry at 443-865-3941 or Stephen
Karbelk at 571-481-1037.
RealMarkets personnel will lead property tours from 11 a.m. to 1
p.m. on May 2, May 9, and May 14, and for an hour before the
auction.
RealMarkets, a CENTURY 21 Commercial New Millennium team, is
based in McLean, Virginia. In 2023, team leader Stephen Karbelk was
ranked the #2 commercial agent in the United States within the
CENTURY 21 Commercial franchise system. The RealMarkets team was
ranked as one of the nation’s top teams and consistently achieves
the Grand Centurion level award status, the highest recognition
level within the CENTURY 21 system. The company provides brokerage
and auction services for commercial and residential properties in
the Mid-Atlantic region.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240423582878/en/
Carl Carter, 205-910-1952