Duke Street Development
2756 Duke Street, Alexandria, VA 22314
Marketing description
Marcus & Millichap is pleased to present for sale the 0.4-acre parcel totaling approximately 17,555 square feet located along Duke Street in Alexandria, Virginia. The site is positioned between Old Town/Eisenhower Valley and the Landmark redevelopment area. It offers near-term development potential under existing zoning, with additional upside tied to the Duke Street Corridor planning initiative. The property is located along the Duke Street corridor, which is currently the focus of a City of Alexandria planning effort aimed at increasing density, improving transit access, and encouraging mixed-use development. The site benefits from proximity to Old Town, Eisenhower Valley, and the Landmark redevelopment. Approximately one mile to King Street and Eisenhower Avenue Metro stations. The planned Duke Street Transitway (bus rapid transit) is expected to further enhance connectivity along the corridor.
The former Landmark Mall site is being transformed into West End Alexandria, one of Northern Virginia’s largest mixed-use redevelopment projects and a major long-term value driver for surrounding properties, including Duke Street corridor assets.
Investment highlights
- Prime Location Along Duke Street in an Evolving High-Traffic Corridor
- Primary Parcel Features a 11,560-Square-Foot Commercial Building on 0.4 Acres
- Adjacent to Planned 94-Unit Witter Place Multifamily Development
- Strong Long-Term Investment Upside Supported by Growing Residential Density
- Property is to be Delivered Fully Vacant, Allowing for Immediate Repositioning
- Multi-Billion Dollar Public & Private Investment The redevelopment represents several billion dollars of committed capital, making it one of the most significant urban reinvestment projects in the Washington metro area.
- 5M+ SF Master-Planned Development
- A transformative mixed-use district planned with residential, retail, medical, office, hospitality, and public space components.
- Inova Health Campus Anchored
- Inova Health System is developing a flagship hospital and medical campus with an estimated $1B+ investment, expected to bring thousands of daily employees, patients, and visitors to the area.
- Significant New Housing Supply Thousands of new residential units planned, creating sustained population growth and increased neighborhood spending power.
- Retail & Lifestyle Activation New dining, shopping, and entertainment uses will modernize the trade area and increase consumer traffic along Duke Street.
- Infrastructure Investment Major Road, streetscape, pedestrian, utility, and transit upgrades are planned to improve access and connectivity throughout the West End.
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