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22995867
23545259

6400 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
$5,500,000
412 days on market
Updated 3 days ago

Grovedale Executive Office Park - Building A

Details
APN 0813-05-A1
Property Type Office
Sub Type Medical Office
Square Footage 18,491
Units 3
Cap Rate 7.74%
NOI $425,962
Occupancy 92%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $297
Broker Co-Op Yes
Class B
Year Built 2001
Stories 2
Acreage 1.600
Zoning C-2
Parking Spaces 50 spaces
Parking Per SqFt 2.70
Investment Type Stabilized
Ownership Fee Simple

Medical Office Investment | 7.0% Cap Rate | 92% Leased

Marketing description

6400 Grovedale Drive is a stable, income-producing asset in a dense and highly sought-after pocket of Alexandria. The property is anchored by two strong, mission-driven tenants—The New Story School and Crescent Counseling—both delivering essential educational and behavioral-health services with steady demand and long-term relevance in the market. Their presence contributes to consistent occupancy and reliable cash flow.

The site is zoned C-2, allowing a wide range of commercial, institutional, and service-oriented uses that continue to draw operators seeking accessible, well-located space. This zoning flexibility, paired with the area’s strong population density, supports ongoing tenant stability and low vacancy risk.

For investors seeking dependable returns and alignment with growing service-based industries, 6400 Grovedale Drive offers a compelling, low-volatility opportunity in one of Northern Virginia’s most resilient submarkets.

Investment highlights

  • Stable Income Asset: Located in a dense Alexandria submarket with long-term demand for service-based uses, supporting consistent performance.

  • Established Tenant Base: Anchored by The New Story School and Crescent Counseling, both providing essential educational and behavioral-health services with steady occupancy.

  • Strong Lease Durability: Renewal options and long-term tenancy contribute to predictable cash flow and overall stability.

  • Flexible C-2 Zoning: Broad commercial and institutional uses allowed, keeping the property attractive to a wide range of operators.

  • High-Density, Accessible Location: Proximity to major transportation corridors enhances tenant desirability and long-term viability.

  • Low-Volatility Investment: 100% occupancy and a $425K+ create a reliable, resilient investment profile in Northern Virginia.

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
$425,962.00
$35,496.83/mo

Valuation Metrics

0
DSCR
7.74%
Cap Rate
7.74%
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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