Large, light filled office condo for sale in prime downtown McLean! Annual Rent Roll of $75,000. Fully leased. Second floor 3-year lease with options begins 12/1/24 at $2,900 a month. Year 3 rent increases to $3,000. First floor leases of $1,800 and $1,500 (both under market value) are held by two doctors. CAP Rate could easily go to 8 with market rate rents on first floor. Each floor is set up as dual professional's offices with their own bath & waiting room. Large and freshly painted 2nd floor porch offers panoramic views of McLean and makes the perfect break area. A couple of blocks from Rte. 123 w/52,000 VPD. Located within one of Northern Virginia’s most exclusive and sought-after suburbs, this building offers affordable options for a variety of tenants or end user/investors. Perfect location for medical, legal, CPA, tech company, real estate office, title company plus the other uses allowed under C-6 zoning (Community Retail Commercial). Ground floor front office available for the first time in years. Office sharing also available, please inquire. Be a part of the vibrant and growing McLean Business District!
MLS# | VAFX2190330 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1980 |
Days On Site | 197 |
Listing Provided By | Yeonas & Shafran Real Estate, LLC | William Edward Scott Jr. |
SQ Feet | 2,496 |
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Zoning | 460 |
State | VA |
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County | Fairfax |
City | Mclean |
Zip Code | 22101 |
School District | Fairfax County Public Schools |
Listing VS Median (in 22101) | |
Price: $1,100,000 low | high Med: $2,395,000 SqFt: 2,496 low | high Med: 6,085 $ / SqFt: $441 low | high Med: $394 On Site: 197 low | high Med: 123.000000 |