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319 Mill St NE 23,000 SF 100% Leased Industrial Building Vienna, VA 22180 $8,500,000 ($369.57/SF) 6.49% Cap Rate
Investment Highlights
- Desirable NoVA industrial location.
- Suitable for investors, developers, and users with a long-term strategy.
- Equidistant to I-495 and I-66 & Last mile delivery location.
- Unmatched close-in warehouse use.
- Convenient location situated near Tysons Corner and surrounding Fairfax County.
- Zoned CM in Town of Vienna, VA.
Executive Summary
100% Leased.
Triple Net Rents.
Annual Increases.
22,640-sf Building Size.
Convenient Location in NoVA.
Town of Vienna Water & Sewer.
Zoned CM (Town of Vienna).
Triple Net Rents.
Annual Increases.
22,640-sf Building Size.
Convenient Location in NoVA.
Town of Vienna Water & Sewer.
Zoned CM (Town of Vienna).
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $8,500,000 | Lot Size | 0.71 AC |
| Price Per SF | $369.57 | Rentable Building Area | 23,000 SF |
| Sale Type | Investment NNN | No. Stories | 2 |
| Cap Rate | 6.49% | Year Built | 1971 |
| Property Type | Industrial | Parking Ratio | 3.03/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Zoning | 961 | ||
| Price | $8,500,000 |
| Price Per SF | $369.57 |
| Sale Type | Investment NNN |
| Cap Rate | 6.49% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.71 AC |
| Rentable Building Area | 23,000 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 3.03/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 4 |
| Zoning | 961 |
Amenities
- Smoke Detector
Utilities
- Heating - Electric
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0382-02-0059 | Improvements Assessment | $4,187,010 |
| Land Assessment | $1,171,270 | Total Assessment | $5,358,280 |
Property Taxes
Parcel Number
0382-02-0059
Land Assessment
$1,171,270
Improvements Assessment
$4,187,010
Total Assessment
$5,358,280
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319 Mill St NE
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