3014-3016 Colvin St - Flex FOR SALE


Alexandria, VA 22314- Taylor Run
$2,050,000 USD
301-524-9362
3014-3016 Colvin St, Alexandria, VA for Sale
$2,050,000 USD
Flex - FOR SALE
1/11
null | Request Cap Rate

3014-3016 Colvin St
Alexandria, VA 22314
Taylor Run


HIGHLIGHTS

  • Properties in the Eisenhower Ave submarket sit within a city that is part of the broader Washington-Arlington-Alexandria metro area
  • The local trade area around the corridor includes tens of thousands of residents within a few miles
  • The Eisenhower Avenue submarket is not a single homogenous office or retail district but a transitioning corridor with industrial roots
  • Plans for residential additions, retail, civic spaces, and enhanced public realm improvements

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,712

ZONING

I-1, Alexandria

APN/PARCEL ID

061.04-02-12

ASK ABOUT THIS PROPERTY

Andrew BrownCPG RealtyMore Info
301-524-9362

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Andrew BrownCPG RealtyMore Info
301-524-9362

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