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1000 Bernard Street

1000 Bernard Street, Alexandria, VA 22314

N/A

16,900 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
16,900 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Vacant/Owner-User
Building Class:
A
Lot Size:
16,610 SF
Listing ID
16772857
Last Updated
over 1 year ago

Highlights

  • Class-A Office Building - Fully Renovated in 2008
  • 16,900-Square Foot Building / 16,610-Square Foot Lot
  • Delivered Vacant or Stable Tenant with Government Contracts
  • Two On-Site Gated Parking Lots
  • LEED Certification In Process
  • Seller would also sale-leaseback at $5,950,000 (7.5% Cap) for 5-10 Years Plus Options

Description

1000 Bernard Street represents an outstanding opportunity to acquire a completely renovated class-A office building in Alexandria, VA. Renovations were completed in 2008 to this visually stunning 16,900-square foot, two-story structure and the owners are in the process of obtaining LEED certification. The structure sits on a 16,610-square foot lot and includes two on-site gated parking lots.

The building is currently owner-occupied and will be DELIVERED VACANT. Upon close-of-escrow, the owner would also be willing to execute a sale-leaseback at market rent for 5-10 years plus options for all or part of the space depending on the needs of the eventual purchaser. The asking price for the Sale-Leaseback option is $5,950,000 which yields a 7.5% Cap Rate. This will create a steady and dependable stream of cash flow for any savvy investor/operator who values high-end real estate in one of the nation's highest-demand markets.

Located less than a mile from the Braddock Road Metro station (Blue & Yellow Lines), 1000 Bernard Street is in a prime live/work environment. While only minutes from downtown Washington, DC, Capitol Hill, and two major airports, the City of Alexandria often ranks among the nation's best places to do business.

Map of 1000 Bernard Street, Alexandria, VA 22314 (Alexandria City County)

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