For Auction

Receivership Sale: Premier Waterfront Office | Alexandria, VA | 86% leased | Two Tenants

11 Canal Center Plaza,
Alexandria, VA 22314

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
1987
Year Built
2021
Year Renovated
4
Floor Count
1
Building Count
1.27 Acres
Land Area
78,381 SF
Property Size

Offering Summary

**Please see the other asset being sold in this Potomac Riverfront Portfolio: 99 Canal

Investment Highlights

  • Premier Old Town Waterfront Office Asset: Directly on the Potomac River, Canal Center is Alexandria's only true waterfront office campus.
  • Strong In-Place Cash Flow with Upside: 86% leased to two tenants with 5 years and 7 months of weighted average lease term remaining.
  • Exceptional DC Regional Connectivity: King Street Metro (1 mi), Reagan National (3 mi), the Pentagon (5 mi), and downtown DC (6 mi).
  • 200+ Shops and Restaurants Walkable: Old Town Alexandria's premier amenity base is steps from the property, driving tenant retention.
  • Best-in-Class Asset: Waterfront terraces off each floor, top-tier tenant buildouts, and minimal future capex required.


Offering Summary

RealINSIGHT Marketplace, in partnership with Transwestern’s Mid-Atlantic Capital Markets Group, is pleased to present the opportunity to acquire the leasehold interest in 11 Canal Center, a premier Class A waterfront office asset in Alexandria, Virginia. Spanning 78,381 square feet, 11 Canal Center offers panoramic views of the Potomac River and the Washington, DC skyline, positioning it as the flagship office property in Old Town. The building has consistently attracted institutional-quality, creditworthy tenants, underscoring its best-in-class location and enduring appeal. The property is currently 86% leased to two high-quality tenants with a weighted average lease term of 5 years and 7 months. This stable tenancy provides investors with durable, long-term cash flow supported by high-quality occupancy in one of the region’s most sought-after office submarkets.

Due Diligence

Transaction Managers

Darlene Johnson
Marketplace
Hampton Gomila
Marketplace

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 2907003627
Co:2908000783

Need Help?

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Sold Subject To

This auction has ended. Interested in additional investment opportunities?

Investment Sales Brokers

Gerry Trainor
Transwestern
VA License: 0225053609

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.