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14641 Lee Hwy
Centreville, VA 20121
Office Condos Bldg D · Office Property For Sale

Executive Summary

Please do not visit the property or disrupt the current tenants business. Direct all questions or inquiries to the listing agent. Introducing a prime investment opportunity in the heart of Centreville, VA – 14641 Lee Highway, Unit 104. This meticulously maintained commercial retail/office condo, nestled within the esteemed CentreLee Business Park. Boasting a strategic location and impeccable tenant occupancy, this fully leased property offers stability and immediate return on investment. Currently in a 5 year lease through August 2025, with a reliable tenant in place, investors can secure steady cash flow from day one. The property Net Operating Income (NOI) of $22,946. With a competitive Capitalization Rate (Cap Rate) of 7.12%, this offering presents an enticing proposition for investors seeking attractive returns in today's market. Priced at $319,900, this investment opportunity promises both affordable investment entry point and growth potential. Featuring 1,250 square feet of open and meticulously designed space, the unit is fully built out. Currently a fashion Boutique and previously a pilates studio, the flexible I-5 zoning allows for many uses. Boasting bamboo wood and tile floors, abundant natural light, and a private interior bathroom, the space exudes both functionality and style. Its versatile layout accommodates a myriad of businesses, from offices to retail outlets, fitness facilities, schools, and beyond.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type
Office
  • General Retail Storefront Retail/Office
  • Industrial Manufacturing
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.24 AC
Rentable Building Area 22,500 SF
No. Stories 3
Year Built 2006
Parking Ratio 10/1,000 SF
APN / Parcel ID
0543-30D-0001
  • 0543-30D-0008
  • 0543-30D-0009
  • 0543-30D-0104
  • 0543-30D-0105
  • 0543-30D-0205
Zoning I-5 - I-5 Industrial General / Condo Office Zoning

Amenities

  • Signage
  • Wheelchair Accessible
  • Central Heating
  • Air Conditioning
  • Listing ID: 31403143

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 14641 Lee Hwy, Centreville, VA 20121

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