2725-2727 Washington Blvd - Storefront Retail/Office FOR SALE


Arlington, VA 22201- Lyon Park
$4,690,000 USD
202-536-3703
2725-2727 Washington Blvd, Arlington, VA for Sale
$4,690,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | 7.02% Cap Rate

2725-2727 Washington Blvd
Arlington, VA 22201
Lyon Park


HIGHLIGHTS

  • 11,192 SF Mixed-Use Asset: Featuring Six Ground-Floor Retail Suites and Six Second-Level Residential Units
  • Attractive Residential Unit Mix: 2 studios, 3 one-bedrooms, and 2 two-bedrooms units
  • 7.02% Cap Rate Investment: 110+ basis points above the submarket average
  • Net Operating Income Upside: Through Utility Efficiencies
  • $56,000+ in Additional Income: Long Term Lease With T-Mobile for Cell Towers and Long Term Lease With Dentist
  • Seven Commercial Tenants: Long Term Leases With Creditworthy Tenants

OVERVIEW

Marcus & Millichap is pleased to exclusively to present 2727–2731 Washington Boulevard, a fully leased, mixed-use investment opportunity in the heart of Arlington, Virginia, just three blocks from the Clarendon Metro Station. This highly visible, corner-lot property delivers immediate cash flow and long-term redevelopment potential in one of the most sought-after and rapidly appreciating submarkets in the Washington, D.C. metro area. Situated on a rare 0.46-acre parcel, the property features six ground-floor retail suites and six residential apartments above, totaling 11,192 square feet of rentable space. As a 100% leased property, investors benefit from a strong income stream, including over $56,000 annually from rooftop T-Mobile antennas and a long-term parking lease with neighboring dentist. With a solid 7.02% capitalization rate, more than 110 basis points above the submarket average, this asset stands out as a high performing, income-generating investment. Positioned at the signalized corner of Washington Boulevard and North Pershing Drive, the property offers unmatched visibility, 18 dedicated parking spaces, walkability, and quick access to highway 395. Tenants and patrons also enjoy close proximity to the Clarendon Metro, Whole Foods, Trader Joe’s, and a vibrant array of restaurants, retailers, and amenities—all within walking distance. Arlington’s robust economic fundamentals are underpinned by billions in public and private investment. Amazon’s HQ2 in nearby National Landing is projected to bring more than 25,000 high-paying jobs by 2030, while the Virginia Tech Innovation Campus continues to attract top-tier talent and research funding. These transformative projects are fueling sustained demand for housing and retail, driving rent growth, and enhancing long-term investor confidence. Zoned C-1 and occupying a prominent corner lot, the property also presents significant future redevelopment upside. Whether held for stable cash flow or repositioned for greater density, 2727 Washington Boulevard represents a rare opportunity to acquire a high-performing asset in one of Northern Virginia’s most dynamic corridors.

FOR SALE DETAILS

PRICE

$4,690,000 USD

PRICE/SF

$863 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arlington Mixed Use Asset - Fully Leased

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

N Pershing Dr.

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-1

APN/PARCEL ID

18-056-002

ASK ABOUT THIS PROPERTY

Jacob KrensMarcus & MillichapMore Info
202-536-3703

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Jacob KrensMarcus & MillichapMore Info
202-536-3703

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.