Description
Institutional NNN Investment | Howard University | Washington, D.C.
SRS National Net Lease is pleased to present a rare opportunity to acquire the fee simple interest in a freestanding, single-tenant NNN-leased university building in the heart of Washington, D.C. The property is 100% leased to Howard University, the nation’s leading Historically Black College and University (HBCU), backed by a Fitch BBB credit rating.
With approximately 10 years remaining on the lease and 3% annual rent escalations, the asset offers investors secure, long-term cash flow with built-in income growth. The absolute NNN lease structure requires the tenant to pay all operating expenses, with the landlord responsible only for structural maintenance, waterproofing, and exterior replacement—making this an ideal low-management, passive investment.
