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Covered Land Play: 619-625 Burnside Place 619-625 Burnside Pl 51,288 SF 100% Leased Industrial Building Alexandria, VA 22304 For Sale

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INVESTMENT HIGHLIGHTS

  • Prime Covered Land Play – Stable income from Caliber Collision and Alexandria Waste Recovery on net leases with annual escalations
  • Transit-Oriented Development (TOD) Opportunity – Direct access to the Van Dorn Metrorail Station
  • Expanding Open Space & Greenways – Sits along Backlick Run, which is undergoing a city-led revitalization
  • Strategic Location – Situated within Alexandria’s Eisenhower West Small Area Plan, a high-growth district undergoing a major revitalization
  • Major Infrastructure Enhancements – Alexandria is redesigning the street grid to improve pedestrian, cyclist, and vehicle accessibility
  • Aggressive Incentives for Developers – The City of Alexandria is offering financial and zoning incentives to encourage large-scale redevelopment

EXECUTIVE SUMMARY

SAB Capital is pleased to present 619-625 Burnside Place, a premier covered land play strategically located within Alexandria’s Eisenhower West Small Area Plan. This long-term redevelopment opportunity is currently occupied by Caliber Collision and Alexandria Waste Recovery on net leases with annual escalations, offering stable interim cash flow while providing significant upside potential in the long term.
The ongoing revitalization of Alexandria’s Eisenhower West is transforming the area into a dynamic, transit-oriented community that integrates several key elements:
? Multifamily & Townhouse Residential – Addressing the city’s growing demand for housing.
? Retail & Office Space – Enhancing local amenities and creating new employment centers.
? Production, Wholesale & Repair (PWR) Uses – Supporting innovation and fostering small business growth.
? Institutional & Mixed-Use Development – Complementing Alexandria’s evolving economic landscape.
This highly strategic site is situated along Backlick Run, a vital environmental and recreational corridor being revitalized by the city to enhance green space, improve pedestrian access, and increase connectivity. The property enjoys unobstructed views and benefits from its prime location near Interstates 95, 395, and 495, providing excellent accessibility to regional transportation networks. In addition, the site is in close proximity to ongoing and future development, positioning it as a cornerstone location in Alexandria’s transformative revitalization. This offers a unique opportunity for growth and investment within the city’s evolving district.
Alexandria’s Eisenhower West is experiencing a transformative redevelopment, driven by strategic growth initiatives and robust municipal support. The area is transit-oriented, with direct access to the Van Dorn Metrorail Station, ensuring seamless connectivity for residents and businesses. To further enhance accessibility, the city is redesigning the street grid, improving infrastructure for pedestrians, cyclists, and vehicles. Additionally, the city is offering aggressive financial and zoning incentives to encourage redevelopment, making this an opportune time for investment. With residential and retail demand steadily growing, Alexandria’s Planning & Zoning Department has highlighted that industrial properties will face increasing redevelopment pressure, accelerating their transition into higher-value mixed-use properties that align with the city’s long-term vision.
619-625 Burnside Place presents a rare assemblage opportunity with the potential for high-density, mixed-use redevelopment that aligns with Alexandria’s master plan. As Eisenhower West evolves into a high-value district, investors and developers have a unique opportunity to capitalize on Alexandria’s strong growth trajectory and long-term vision for the area.

PROPERTY FACTS

Sale Type Investment
Property Type Industrial
Property Subtype Truck Terminal
Building Class C
Lot Size 2.15 AC
Rentable Building Area 51,288 SF
No. Stories 1
Year Built 1970
Parking Ratio 1/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 2
Zoning I

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Alexandria Waste Recovery
  • Wholesaler
  • -
  • -
  • -
  • Autocraft Body and Paint, Inc.
  • -
  • -
  • -
  • -
  • Services
  • -
  • -
  • -

Founded in 1997, Caliber has grown to hundreds of centers nationwide and features a range of automotive services, including Caliber Collision, one of the nation’s largest auto collision repair providers across dozens of states and Caliber Auto Glass for glass repair and replacement. With the Purpose of "Restoring the Rhythm of Your Life®", Caliber’s thousands of teammates are committed to getting customers back on the road safely — and back to the rhythm of their lives — every day. Dedicated to providing an outstanding customer experience, Caliber continues to rank among the highest customer satisfaction scores in the industry.

  • Professional Auto Body Inc
  • Transportation and Warehousing
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Alexandria Waste Recovery Wholesaler - - -
Autocraft Body and Paint, Inc. - - - -
Services - - -
Professional Auto Body Inc Transportation and Warehousing - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
067.03-01-23
Land Assessment
$1,687,932
Improvements Assessment
$4,362,068
Total Assessment
$6,050,000
  • Listing ID: 35508206

  • Date on Market: 4/16/2025

  • Last Updated:

  • Address: 619-625 Burnside Pl, Alexandria, VA 22304

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