Description
Introducing SPRUCE STREET CENTER ... a recently built 21,000+ SF retail and office space building. Situated in a prime location on Route 28, just 4 miles from Centreville, Route 29 and Route 66. Beautiful, upscale building on 3 levels, with B-1 zoning suitable for many commercial office or retail uses. Almost 7,000 SF on each floor.
In addition to having secure, in-place cash flow, this opportunity provides an owner-user to take advantage of the in-place tenancy and significantly offset the cost of occupancy. There is additional upside through the lease up of surplus vacant suites and future rent growth. Extraordinary visibility with amazing direct exposure with an average daily traffic count of over 47,000.
Spruce Street Center offers investors the opportunity to invest in a stable, cash-flowing, readily financeable property acquired well below replacement value. Spruce Street Center is well positioned to take advantage of rising rents anticipated from the tightening Northern Virginia office market during a prolonged economic recovery resulting from the end of the Covid 19 pandemic.
Location
$45,000,000
ACTIVE
MLS# VAAB2000232
Courtesy of: TTR Sotheby's International Realty
$45,000,000
7
12
25,500 Sq ft
ACTIVE
MLS# VAFX2044570
Courtesy of: Compass
$45,000,000
ACTIVE
MLS# VAAB102254
Courtesy of: TTR Sotheby's International Realty
$45,000,000
ACTIVE
MLS# VAAB2000284
Courtesy of: TTR Sotheby's International Realty
$39,000,000
8
13
33,000 Sq ft
ACTIVE
MLS# VAFX2067572
Courtesy of: TTR Sotheby's International Realty
$30,000,000
ACTIVE
MLS# VAFB116694
Courtesy of: Coldwell Banker Elite
$29,950,000
23
16
25,939 Sq ft
ACTIVE
MLS# VAFQ159458
Courtesy of: McLean Faulconer Inc, Realtors
$28,000,000
ACTIVE
MLS# VAPW510998
Courtesy of: Sareen Realty, Inc.
$27,500,000
9
11
12,500 Sq ft
ACTIVE
MLS# VALO2029102
Courtesy of: Hunt Country Sotheby's International Realty
$25,000,000
ACTIVE
MLS# VAPW511032
Courtesy of: Sareen Realty, Inc.
$24,000,000
ACTIVE
MLS# VAPW511002
Courtesy of: Sareen Realty, Inc.
$24,000,000
8
13
20,000 Sq ft
ACTIVE
MLS# VAFX1103612
Courtesy of: Long & Foster Real Estate, Inc.
$22,000,000
10
15
22,000 Sq ft
ACTIVE
MLS# VAFX2022480
Courtesy of: TTR Sotheby's International Realty
$21,000,000
4
4
ACTIVE
MLS# VAFX2028910
Courtesy of: TTR Sotheby's International Realty
$21,000,000
ACTIVE
MLS# VAFX2029480
Courtesy of: TTR Sotheby's International Realty
$19,500,000
8
11
20,571 Sq ft
ACTIVE
MLS# VAFQ2000052
Courtesy of: Washington Fine Properties, LLC
$19,000,000
8
8
4,836 Sq ft
ACTIVE
MLS# 576150
Courtesy of: MCLEAN FAULCONER INC., REALTOR
$17,000,000
ACTIVE
MLS# 609784
Courtesy of: REAL ESTATE III - NORTH
$16,900,000
ACTIVE
MLS# VAPW2005726
Courtesy of: Wright Realty, Inc.
$13,500,000
ACTIVE
MLS# VAFV2009658
Courtesy of: Oakcrest Commercial Real Estate
$13,000,000
ACTIVE
MLS# VAAR2026464
Courtesy of: Libra Realty, LLC
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 8th February, 2023 1:38 PM (UTC)
