About 14641 Lee #104
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 of 14641 Lee #104
MLS® # | VAFX2172222 |
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Price | $319,900 |
Bathrooms | 0.00 |
Square Footage | 1,250 |
Acres | 0.00 |
Year Built | 2006 |
Type | Commercial Sale |
Sub-Type | Condo, Retail |
Status | Active |
Community Information
Address | 14641 Lee #104 |
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Subdivision | CENTRELEE BUSINESS PARK |
City | CENTREVILLE |
County | FAIRFAX-VA |
State | VA |
Zip Code | 20121 |
Amenities
Utilities | Electric Available, Cable TV Available, Sewer Available, Phone Available |
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Parking | Paved Parking, PublPark |
View | Trees/Woods, Street |
Is Waterfront | No |
Interior
Heating | Heat Pump(s) |
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Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Stone, Brick and Siding |
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School Information
District | FAIRFAX COUNTY PUBLIC SCHOOLS |
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Elementary | BULL RUN |
Middle | STONE |
High | WESTFIELD |
Additional Information
Zoning | 550 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Chantilly Ventures, LLC |
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Contact Info | 5712350129 |