IMB GSA approved office building with a huge lot & two approved hotel to be build special permit on the same lot.

8850 Richmond Highway, Alexandria, VA

$13,700,000

Price

67,750 sqft

Building Size

8.8 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
67,750 sqft
Lot Area
8.8 acres
Occupancy
75%
Class
C
Lease Type
Triple Net
Year Built
1982
Tenancy
Multiple
Floors
3
Parking Spots
250
Restrooms
8
Investment Strategy
Value Add
Description

This is a GSA approved secured building with elevator. It is a 3 levels low rise office building with tons of potentials and huge lot at a prime location. The lot alone is 8.8 Acres / 384,025sf. Total building sf is 67,750 & 250+ parking spaces. The list price is competitive just the assess value alone is $12.6 million. Currently the building is leased to multi-tenants and about 19,000 sqft space is available for rent. The owners have approved special Exception to build two hotels on this site. Don't miss this opportunity bring your vision. Once you signed the disclosures we can provide rent roll or other requested documents. Due to Covid19 Please practice social distancing. No entry is allowed with out face mask so please wear a mask your safety is our #1 priority

Highlights
  • Huge lot
  • Approved to build two hotels on the same lot
  • Can be repurposed
  • This is a C8 zone can be converted to many options
  • GSA Approved building
  • Near Fort Belvoir
Documents
Title
8850_Richmond_Hwy_pdf_marketing_flyer.pdf
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Location
Gallery