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8332 Richmond Hwy
Alexandria, VA 22309
Mixed-Use Asset | 100% OCC | Northern VA · Retail Property For Sale
Investment Highlights
- Well-maintained and stabilized office and retail asset with a longstanding history of high occupancy and the same ownership for over 30 years.
- Located in a thriving area with more than 189,000 residents, an average annual household income above $141K, and total consumer spending above $2.9B.
- Located within a US-designated Opportunity Zone, creating potential federal capital gains tax incentives.
- Property is being delivered fully occupied, ensuring steady in-place cash flow for a new owner while leaving room for upside through renewals.
- Highly accessible asset located on Richmond Highway (Route 1), a primary thoroughfare and crucial retail artery for the Mount Vernon area.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
13,879 SF
Building Class
C
Year Built
1966
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
1.00 AC
Zoning
C-8 Hwy-Commercial - a commercial area that allows both commercial and manufacturing uses
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,502,180 | |
| Land Assessment | $914,950 | Total Assessment | $2,417,130 |
Property Taxes
Parcel Numbers
Land Assessment
$914,950
Improvements Assessment
$1,502,180
Total Assessment
$2,417,130
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