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8217 Lee Hwy 3,835 SF Retail Building Falls Church, VA 22042 $4,500,000 ($1,173.40/SF) 4.44% Cap Rate
Investment Highlights
- 100' of frontage on Lee Highway at the intersection of Gallows Road next to the Mosaic District
Executive Summary
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$200,000
|
$52.15
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$200,000
|
$52.15
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $200,000 |
| Annual Per SF | $52.15 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $200,000 |
| Annual Per SF | $52.15 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 3,835 SF
- -
- Triple Net
- Apr 2030
Tires Plus Total Car Care started in 1976 when two Shell Oil colleagues opened three service stations in Minnesota. The company has grown into a nationwide chain offering comprehensive automotive services. They provide tire sales and installation, oil changes, brake repairs, battery replacements, and engine tune-ups. Tires Plus emphasizes quality workmanship and customer satisfaction with service guarantees. The business serves both individual consumers and commercial clients needing fleet maintenance solutions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 3,835 SF | - | Triple Net | Apr 2030 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Also available for sale
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,835 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 3,835 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 3,835 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Also available for sale
Nearby Major Retailers
Property Taxes
| Parcel Number | 0494-01-0005 | Improvements Assessment | $462,850 (2025) |
| Land Assessment | $534,580 (2025) | Total Assessment | $997,430 (2025) |
Property Taxes
Presented by
8217 Lee Hwy
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