Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
Listing photo for 14641 Lee #104, CENTREVILLE, VA
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14641 Lee #104,

CENTREVILLE, VA

$319,900

1,250 Sqft

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.

Facts & Features
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
Date Listed April 3rd, 2024
Days on Market 32
Zoning 550
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Keller Williams Chantilly Ventures, LLC
Office Contact 5712350129
Photo of Richard Budden

Richard Budden

Cell: (443) 480-1181

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Listing information last updated on May 4th, 2024 at 6:03pm EDT.