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Giant Food at Notch 8 621 E Glebe Rd 66,805 SF 100% Leased 4-Star Retail Building Alexandria, VA 22305 For Sale

Investment Highlights
- NNN Lease with Eight, 5-Year Options
- Located within a 66,805 SF Ground Floor Retail Condominium in the Notch 8 Mixed-Use Development
- In the Highly-Desirable Potomac Yard Submarket of Alexandria, VA
- 7.5% Rent Increases in Each Renewal Option
- Notch 8 includes 253 Class-A Multifamily Units
- Steps from the Potomac Yards Metro Station | Economic Engines including Amazon HQ2 & Virginia Tech Innovation Campus
Executive Summary
CBRE’s Net Lease Property Group and National Retail Partners are proud to present the opportunity to acquire a ±9.6-year single tenant Giant Food asset located within a 66,805 SF ground floor retail condominium in the Notch 8 mixed-use development. Notch 8 is located in the highly desirable Potomac Yard submarket of Alexandria, VA. Positioned just steps from the Potomac Yards Metro Station, Notch 8 is ideally positioned to benefit from nearby economic engines including Amazon HQ2 and the Virginia Tech Innovation Campus.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
66,805 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2015
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.82
Lot Size
1.87 AC
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (88)
Nearby Major Retailers
1 of 2
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Giant Food at Notch 8 | 621 E Glebe Rd
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