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Grovedale Executive Office Park - Building B 6408 Grovedale Dr 17,850 SF 100% Leased Office Building Franconia, VA 22310 $6,075,000 ($340.34/SF) 7.12% Cap Rate
Investment Highlights
- 17,850 SF building with 9 units
- Zoned C-2 for versatile usage
- High visibility and accessibility for businesses
- Modern appeal, built in 2002
- 100% occupancy, reflecting strong tenant demand
- Can be sold with 6400 Grovedale Dr.
Executive Summary
Introducing an exceptional opportunity for office building investors: 6408 Grovedale Drive. This impressive property boasts a 17,850 SF building, designed with modern appeal and featuring 9 units. Built in 2002 and zoned C-2 for versatile usage, it offers a stunning 100% occupancy rate, reflecting strong tenant demand. The property's well-maintained exterior, ample parking, and high visibility make it an attractive option for businesses seeking a prime location in the Washington DC Metro area. With modern amenities, potential for expansion, and a strong track record for sustained returns, this property is an ideal choice for savvy investors seeking a lucrative opportunity.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$565,517
|
$31.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$565,517
|
$31.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$140,367
|
$7.86
|
| Net Operating Income |
$425,150
|
$23.82
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $565,517 |
| Annual Per SF | $31.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $565,517 |
| Annual Per SF | $31.68 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $140,367 |
| Annual Per SF | $7.86 |
| Net Operating Income | |
|---|---|
| Annual | $425,150 |
| Annual Per SF | $23.82 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,850 SF
Building Class
B
Year Built
2002
Price
$6,075,000
Price Per SF
$340.34
Cap Rate
7.12%
NOI
$432,838
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,925 SF
Slab To Slab
9’
Building FAR
0.35
Lot Size
1.18 AC
Zoning
C-2
Parking
50 Spaces (2.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Property Manager on Site
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- D C Region Real Estate
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Dominick J Pisciotta D D S LTD
- Health Care and Social Assistance
- -
- -
- -
- -
- Donald Brasher & Carmen Carter-Howell
- Public Administration
- -
- -
- -
- -
- Gbi Brooke Drive LLC
- Retailer
- -
- -
- -
- -
-
- Educational Services
- -
- -
- -
- -
Huntington Learning Center is a supplemental education provider offering individualized tutoring and test preparation for K–12 students. The organization was founded in 1977 and supports a national network of learning centers that deliver academic instruction in reading, writing, mathematics, science, study skills, and standardized test preparation, including SAT and ACT programs. Huntington Learning Center’s instructional model is based on diagnostic academic evaluations followed by customized learning plans and one-to-one instruction delivered in-center and online. Over time, the organization has expanded through a combination of franchised and company-owned locations across the United States, establishing a long-standing presence in the supplemental education market.
- Pb & J Kingstowne LLC
- Real Estate
- -
- -
- -
- -
- Sherileecronin Real Estate + Design
- Real Estate
- -
- -
- -
- -
- Sunshine Physical Therapy
- Health Care and Social Assistance
- -
- $23.00
- Full Service
- Jul 2011
- Susan Scheiffley & Co Homes
- Construction
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| D C Region Real Estate | Professional, Scientific, and Technical Services | - | - | - | - | |
| Dominick J Pisciotta D D S LTD | Health Care and Social Assistance | - | - | - | - | |
| Donald Brasher & Carmen Carter-Howell | Public Administration | - | - | - | - | |
| Gbi Brooke Drive LLC | Retailer | - | - | - | - | |
|
|
Educational Services | - | - | - | - | |
| Pb & J Kingstowne LLC | Real Estate | - | - | - | - | |
| Sherileecronin Real Estate + Design | Real Estate | - | - | - | - | |
| Sunshine Physical Therapy | Health Care and Social Assistance | - | $23.00 | Full Service | Jul 2011 | |
| Susan Scheiffley & Co Homes | Construction | - | - | - | - |
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Property Taxes
| Parcel Number | 0911-30-0002 | Improvements Assessment | $1,350,690 (2025) |
| Land Assessment | $1,332,840 (2025) | Total Assessment | $2,683,530 (2025) |
Property Taxes
Parcel Number
0911-30-0002
Land Assessment
$1,332,840 (2025)
Improvements Assessment
$1,350,690 (2025)
Total Assessment
$2,683,530 (2025)
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Videos
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Photos
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Street
Map
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Grovedale Executive Office Park - Building B | 6408 Grovedale Dr
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