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5900-5920 Kingstowne Towne Ctr
Alexandria, VA 22315
Kingstowne Towne Center · Retail Property For Sale
Investment Highlights
- Second most visited shopping center in Virginia, visitations have increased by 47% since Q1 2020
- The only structured parking facility in the entire towne center with 494 lined spaces, maintained to the highest standards
- 100% leased to eight tenants supported by 6.21 years of weighted average lease term
- 600 KSF of surrounding Kingstowne retail draws an average of 8.8 visits per shopper annually, with 88–92% of all visits by repeat customers
Property Facts
Property Type
Retail
Building Size
88,288 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
2.92 AC
Zoning
PDC - Planned development commercial zoning district. Allows for flexible and creative commercial development that is compatible with the surrounding area
Parking
1,100 Spaces (6.39 Spaces per 1,000 SF Leased)
Frontage
312’ on Kingstowne Towne Ctr
Amenities
- Dedicated Turn Lane
- Signalized Intersection
Property Taxes
| Parcel Number | 0912-01-0036I | Improvements Assessment | $31,884,440 |
| Land Assessment | $2,494,570 | Total Assessment | $34,379,010 |
Property Taxes
Parcel Number
0912-01-0036I
Land Assessment
$2,494,570
Improvements Assessment
$31,884,440
Total Assessment
$34,379,010
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