Cornerstone Center$31.92 – $38.86/SF/yr FS
Cornerstone Exchange
157,400 SF medical building at 551 Wilson Blvd, Washington, DC 20005. For Lease through the owner.
For LeaseStatus
$28.96/SFAsking rent
1959Year built
CClass
Property facts
| Property type | Medical |
|---|---|
| Building class | C |
| Rentable area | 157,400 SF |
| Stories | 10 |
| Year built | 1959 |
| Renovated | 2004 |
| Typical floor | 15,740 SF |
| Lot size | 0.24 acres |
| Parking ratio | 2.5/1,000 SF |
| Occupancy | 100.0% |
| Zoning | CS |
| Parcel ID | 58-157-2264 |
| Submarket | Midtown Center - East Tower |
| Market | Washington DC |
| Walk Score | 71 |
| Transit | Bus 1 block |
| Listing package | Basic |
Building amenities
EV Charging, 24 Hour Access, Restaurant, Food Service, Energy Star
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Meridian Wealth | Education | 6 | 37,770 | 2029-09-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-08-03 | $24.36M | $154.74 | 8.91% | Marlowe Family Office | Fairbridge Partners |
| 2019-03-28 | $26.28M | $166.98 | 5.71% | Juniper Real Estate | Bellhaven Properties |
Public record
| Owner of record | Passaic Valley Holdings LLC |
|---|---|
| Assessed value | $16.71M |
| Land value | $5.46M |
| Improvement value | $11.25M |
| Annual tax | $218K |
| Tax year | 2026 |
| Lot size | 10,454 SF |
| Last deed | 2023-10-21 |
| Deed type | Grant Deed |
| Legal description | LOT 21 BLK 852 MIDTOWN CENTER - EAST TOWER ADDN |
Location
551 Wilson Blvd
Washington, DC 20005
Midtown Center - East Tower submarket · Washington DC market
38.90387, -77.01238
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.