Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2006
Sq.Footage
N/A
Introducing a prime investment opportunity in the heart of Centreville, VA – 14641 Lee Highway, Unit 104. This meticulously maintained commercial retail/office condo, nestled within the esteemed CentreLee Business Park. Boasting a strategic location and impeccable tenant occupancy, this fully leased property offers stability and immediate return on investment. Currently in a 5 year lease through August 2025, with a reliable tenant in place, investors can secure steady cash flow from day one. The properties Net Operating Income (NOI) of $20,065 with a 3% annual rent escalation in October of 2024. With a competitive Capitalization Rate (Cap Rate) of 6.27%, this offering presents an enticing proposition for investors seeking attractive returns in today's market. Priced at $319,900, this investment opportunity promises both affordable investment entry point and growth potential. Featuring 1,250 square feet of open and meticulously designed space, the unit is fully built out. Currently a fashion Boutique and previously a pilates studio, the flexible I-5 zoning allows for many uses. Boasting bamboo wood and tile floors, abundant natural light, and a private interior bathroom, the space exudes both functionality and style. Its versatile layout accommodates a myriad of businesses, from offices to retail outlets, fitness facilities, schools, and beyond. Convenience is key, with a private entrance and ample parking ensuring ease of access for both tenants and customers alike. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a solid entry point into the commercial real estate market, this opportunity ticks all the boxes. Don't miss your chance to secure a stake in Centreville's thriving business landscape. Contact our dedicated listing agent today to schedule a showing and seize this exceptional investment opportunity.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone, Brick
-
Parking
Paved, On Street, Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
Trees/Woods, Street
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$319,900
-
Tax Amount
3504.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
BULL RUN
-
Middle School
STONE
-
High School
WESTFIELD
Property Features
-
Accessibility Features
Accessible Hallway(s)
-
Sewer
Public Sewer
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Location
County
FAIRFAX
Elementary School
BULL RUN
Middle School
STONE
High School
WESTFIELD
Listing Courtesy of Gayle T Bailey II , Keller Williams Chantilly Ventures
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AGENT
Laurie Hailey
Call Laurie today to schedule a private showing.
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