RETAIL - Mt Vernon & W. Glebe Alexandria VA

Highlights:

• Signalized corner location at Mt. Vernon Ave & W. Glebe Rd
• 1,232 SF free-standing retail building w/ 10 parking
• 5-year NNN lease | ~$84,430 NOI
• Adjacent to 450+ unit new residential development
• CDD-12 zoning – future redevelopment potential
• Strong demographics and transitioning submarket

Description:

High-visibility corner retail investment located at the signalized intersection of Mount Vernon Ave and W. Glebe Rd in the rapidly transforming Arlandria corridor. This 1,232 SF free-standing building offers dual access and strong frontage in a high-traffic, infill location directly adjacent to Alexandria’s new affordable housing development project. The Property is leased for a 5-year term, NNN, generating approximately $84,430 NOI, providing stable in-place cash flow. Zoned CDD-12, the site offers long-term flexibility for potential redevelopment or vertical mixed-use as the surrounding area continues to densify. Immediately neighboring the Sansé and Naja development (450+ residential units delivering 2027), the Property is well-positioned to benefit from the significant trends of this tranistioning Arlandria submarket.

Investment Opportunity, Stand-Alone retail building located in the redevelopment phase of Arlandria. Located adjacent to the new affordable housing development project "Sansé & Naja" leasing this Spring 2026. Arlandria is a vibrant commercial hub, with a diverse mix of businesses, restaurants, and retail establishments. The area's strategic location and redevelopment plan make it a compelling investment prospect for those seeking to tap into a transitioning commercial market.

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