CPG Realty, LLC (“CPG”) is pleased to present 3014 Colvin Street, a rare, 100% leased 4,900 sf industrial building, located inside the Beltway, zoned Industrial and located in the heart of Alexandria, VA(the “Property”).
The Property is 100% leased to three complementary service-oriented tenants, including a nationally branded counseling service, a pet grooming operator, and a personal training studio, providing diversified and resilient in-place income. Ownership also benefits from a long-term ground lease on the adjacent parking parcel (3016 Colvin Street), which enhances tenant functionality and presents the opportunity for incremental income through subleasing of unassigned parking spaces.
Located within one of Alexandria’s most desirable industrial submarkets, the Property is positioned in an area defined by extremely limited industrial supply, strong tenant demand, and increasing pressure from surrounding residential and mixed-use redevelopment. The City’s continued emphasis on infill development, combined with the ongoing scarcity of industrially zoned land, underpins the Property’s long-term value proposition.
In addition to its stable, in-place cash flow, the Property offers compelling future upside, including potential repositioning or redevelopment subject to market conditions and municipal approvals. This combination of current income and embedded long-term optionality makes 3014 Colvin Street an attractive opportunity for investors seeking durable cash flow with meaningful appreciation potential over time.