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

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.

Description:

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.


For more information:
https://rimarketplace.com/auction/3207/office/alexandria/va?utm_source=brevitas&utm_medium=listing_free&utm_campaign=july15_2026&utm_content=office_3207

Bidding Opens
Jul 14, 2026 12:00 AM
Bidding Ends
Jul 16, 2026 12:00 AM