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Commercial Building 4220 King St 17,172 SF 100% Leased Office Building Alexandria, VA 22302 $3,200,000 ($186.35/SF)



Investment Highlights
- Campus opportunity – 17,172 SF across three floors supports departmental separation and organizational growth
- Strong parking – 2.44/1,000 SF with 42 dedicated spaces
- ADA-compliant – elevators and facilities throughout support accessibility needs
- Move-in ready – fully renovated (2017-2018) with zero capital requirements
- Flexible floor plans – ~5,724 SF per floor allows multi-use or departmental organization
- Modern building systems – efficient HVAC, upgraded electrical, well-maintained infrastructure
Executive Summary
4220 King Street presents a rare opportunity for a school, medical group, healthcare organization, or other institutional user to establish a campus in one of Northern Virginia’s most desirable and highly educated market corridors. The 17,172 SF building offers the scale and flexibility to support classrooms, clinical and specialty services, administrative functions, research, training, or multi-department operations - all within a highly accessible location with direct I-395 connectivity. Fully renovated in 2017–2018 and immediately operational, the property features substantial on-site parking, ADA-accessible elevators and restrooms, and the infrastructure needed to accommodate a broad range of institutional users without the significant capital requirements typically associated with acquiring and repositioning a facility.
Surrounded by more than 40,000 residents within one mile, with a $113,500 median household income and 62% of residents holding a bachelor’s degree or higher, 4220 King Street is positioned within a strong, educated, and economically established community. Its 33-year history of continuous institutional occupancy by the American Geosciences Institute further demonstrates the property’s suitability for long-term organizational use. For schools and medical groups seeking to expand their footprint, consolidate operations, or transition from leasing to ownership, 4220 King Street offers a compelling combination of location, scale, substantial parking, accessibility, turnkey condition, operational control, and long-term growth potential.
Surrounded by more than 40,000 residents within one mile, with a $113,500 median household income and 62% of residents holding a bachelor’s degree or higher, 4220 King Street is positioned within a strong, educated, and economically established community. Its 33-year history of continuous institutional occupancy by the American Geosciences Institute further demonstrates the property’s suitability for long-term organizational use. For schools and medical groups seeking to expand their footprint, consolidate operations, or transition from leasing to ownership, 4220 King Street offers a compelling combination of location, scale, substantial parking, accessibility, turnkey condition, operational control, and long-term growth potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,172 SF
Building Class
C
Year Built
1983
Price
$3,200,000
Price Per SF
$186.35
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,724 SF
Building FAR
3.29
Lot Size
0.12 AC
Zoning
OCM(100)
Parking
10 Spaces (0.58 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Property Manager on Site
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Services
- -
- -
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Jan 0000
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Services | - | - | Jan 0000 |
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Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 012.03-01-07 | Improvements Assessment | $2,636,260 |
| Land Assessment | $772,740 | Total Assessment | $3,409,000 |
Property Taxes
Parcel Number
012.03-01-07
Land Assessment
$772,740
Improvements Assessment
$2,636,260
Total Assessment
$3,409,000
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