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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22995759
23545187

6408 Grovedale Drive, Alexandria, VA 22310

JS
VA VA 0225239987
Serafin Real Estate
GW
VA VA 0225254349
Serafin Real Estate
SK
VA 0225238446
Serafin Real Estate
Listed by Serafin Real Estate
$6,075,000
410 days on market
Updated 35 days ago

Grovedale Executive Office Park - Building B

Details
Property Type Office
Sub Type Medical Office
Square Footage 17,850
Units 9
Cap Rate 7.12%
NOI $432,838
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $340
Broker Co-Op Yes
Class B
Year Built 2002
Stories 2
Acreage 1.180
Zoning C-2
Parking Spaces 50 spaces
Parking Per SqFt 2.80
Investment Type Stabilized
Ownership Fee Simple

Medical Office Investment | Multiple Tenants | 7.0% Cap Rate

Marketing description

Introducing an exceptional opportunity for office building investors: 6408 Grovedale Drive. This impressive property boasts a 17,850 SF building, designed with modern appeal and featuring 9 units. Built in 2002 and zoned C-2 for versatile usage, it offers a stunning 100% occupancy rate, reflecting strong tenant demand. The property's well-maintained exterior, ample parking, and high visibility make it an attractive option for businesses seeking a prime location in the Washington DC Metro area. With modern amenities, potential for expansion, and a strong track record for sustained returns, this property is an ideal choice for savvy investors seeking a lucrative opportunity.


Investment highlights

  • - 17,850 SF building with 9 units

  • - Modern appeal, built in 2002

  • - Zoned C-2 for versatile usage

  • - 100% occupancy, reflecting strong tenant demand

  • - Well-maintained and attractive exterior

  • - Ample parking for tenants and visitors

  • - High visibility and accessibility for businesses

  • - Modern amenities and infrastructure

  • - Potential for further development and expansion

  • - Strong potential for sustained returns

Listing Contacts

JS
VA VA 0225239987
Serafin Real Estate
GW
VA VA 0225254349
Serafin Real Estate
SK
VA 0225238446
Serafin Real Estate
Listed by Serafin Real Estate

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$432,838.00
$36,069.83/mo

Valuation Metrics

0
DSCR
7.12%
Cap Rate
7.12%
ROI

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Additional Information

Name
Joe Serafin
License
VA 0225239987
Brokerage
Serafin Real Estate
Name
Grant Wetmore
License
VA 0225254349
Brokerage
Serafin Real Estate
Name
Sean Kline
License
0225238446
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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