3014 Colvin Street
100% Leased Industrial Asset, City of Alexandria
Marketing description
The Property is 100% leased to three complementary service-oriented tenants, including a nationally branded counseling service, a pet grooming operator, and a personal training studio, providing diversified and resilient in-place income. Ownership also benefits from a long-term ground lease on the adjacent parking parcel (3016 Colvin Street), which enhances tenant functionality and presents the opportunity for incremental income through subleasing of unassigned parking spaces.
Investment highlights
Located within one of Alexandria’s most desirable industrial submarkets, the Property is positioned in an area defined by extremely limited industrial supply, strong tenant demand, and increasing pressure from surrounding residential and mixed-use redevelopment. The City’s continued emphasis on infill development, combined with the ongoing scarcity of industrially zoned land, underpins the Property’s long-term value proposition.
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