14641 Lee #104, CENTREVILLE, VA

$319,900

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1,250

Square feet

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
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
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
Parking Paved Parking, PublPark
View Trees/Woods, Street
Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Exterior Stone, Brick and Siding

School Information

District FAIRFAX COUNTY PUBLIC SCHOOLS
Elementary BULL RUN
Middle STONE
High WESTFIELD

Additional Information

Zoning 550
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Chantilly Ventures, LLC
Contact Info5712350129

Listing Map

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© 2024 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which COMPASS participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than COMPASS. are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Listing information last updated on May 2nd, 2024 at 3:15am EDT.