1000 Bernard Street
Alexandria, VA 22314 ·
16,900 SF · Office For Sale
Office Property For Sale
|Price||N/A||Property Use Type||Vacant/Owner-User|
|Building Size||16,900 SF||Building Class||A|
|Property Type||Office||Lot Size||16,610 SF|
|Property Sub-type||Office Building|
|Listing ID: 16772857||Date Created: 07/26/2010||Last Updated: 09/23/2011|
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.
- 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
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.