2300 N Pershing Dr - Medical CONDO FOR SALE


Arlington, VA 22201- Lyon Park
$500,000 USD
804-709-1954
2300 N Pershing Dr, Arlington, VA for Sale
$500,000 USD
Medical CONDO - FOR SALE
1/85
null | Request Cap Rate

2300 N Pershing Dr
Arlington, VA 22201
Lyon Park


HIGHLIGHTS

  • Ample on site parking (90 spaces)
  • Desirable Area with Heavy foot traffic and vehicle traffic
  • Low Condo Fees
  • 2 separately metered, rentable units, previously rented at $13,000 per month (combined)
  • Dual street-front and rear access
  • Affluent, walkable, six-figure-income customer base

OVERVIEW

The Bromptons at Lyon Park Retail Auction. Ground-Floor Retail Condo · Two Separately Metered Suites · Arlington, VA 22201 SIMULCAST AUCTION EVENT; ONLINE AND IN-PERSON BIDDING. Ground-floor retail condominium in the heart of Arlington's Lyon Park, inside the Class A Bromptons at Lyon Park building. Previously rented for $13,000 a month. Condo fees are $1035.74 per month. 1,778 SF already demised into two separately metered suites with street-front entrances on N. Pershing Drive plus rear parking-lot access. Abundant free on-site parking ( 90 SPACES), C-1 zoning, and a location minutes from Clarendon, Rosslyn, Crystal City, Amazon HQ2, and Reagan National Airport. The in-person bidding will start at 11 AM and will be held onsite at the property's location 2300 N. Pershing Drive – Retail Space 2 (Unit B), Arlington, VA 22201 Ground-Floor Retail Condominium · 1,778 SF · The Bromptons at Lyon Park A rare opportunity to acquire a ground-level retail condominium in one of Northern Virginia's most desirable submarkets. Located on a high-visibility corner near N. Pershing Drive and N. Wayne Street, the unit sits within The Bromptons at Lyon Park, a Class A building with an established mix of office, service, retail, and dining tenants. Ideal for investors, owner-users, or portfolio expansion. Built-In Dual-Tenant Flexibility The 1,778 SF is demised into two separately metered suites, giving the next owner real optionality: lease both suites for two income streams, occupy one and lease the other to offset carrying costs, or combine into a single footprint. Each suite offers a street-front entrance on N. Pershing Drive plus rear parking-lot access for staff and deliveries. Both units were rented for a combined $13,000 a month. Total Condo Fees are $1035.74 per month. Parking – The Arlington Advantage Free, abundant parking in the large rear lot solves the single biggest hurdle for close-in Arlington retail. The building offers 90 spaces, a parking ratio of 28.12 per 1,000 SF — exceptional for a transit-rich, walkable location. Building & Unit Facts Building: Class A, three stories, 34,974 SF, built 2004 Unit: Retail Space 2 / Unit B, Parcel ID 18-058-025, 1,778 SF Zoning: C-1 · Recessed lighting and A/C 2025 Tax Assessment: $900,900 Prime Location Set in the established Lyon Park neighborhood among luxury apartments, retail, and dining, the property is roughly five minutes from I-395, I-66, Rosslyn, Clarendon, Crystal City, Amazon HQ2, Reagan National Airport, and Washington, DC. The surrounding customer base is young and affluent — Lyon Village's average resident is 31 with a median household income of $141,736. The Income Case Arlington's retail fundamentals support strong rent potential, with average asking rents near $47/SF — pointing to gross rental potential of $80,000+ per year at market, drawn from one tenant or diversified across two. Amazon's $2.53B HQ2 investment (nearly 8,500 employees on-site, targeting 25,000 jobs by 2038) continues to deepen daytime demand across the corridor. Why It Sells Itself Two separately metered suites — lease, occupy, or split income from day one 90 free on-site parking spaces — the feature Arlington tenants prize most Dual street-front and rear access Class A corner building in an established retail/dining/office mix Affluent, walkable, six-figure-income customer base C-1 zoning supporting broad retail, service, and office uses Market rents near $47/SF with embedded upside

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bromptons at Lyon Park

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

34,974 SF

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-1

APN/PARCEL ID

18-058-025,18-058-028,18-058-029

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804-709-1954

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804-709-1954

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