703-787-4714
, Alexandria, VA for Sale
Industrial - FOR SALE
1/3
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400-420 Calvert Ave
Alexandria, VA
Potomac West


HIGHLIGHTS

  • Immediate proximity to Amazon HQ2, Virginia Tech’s Innovation Campus, and the new Potomac Yard Metro station.
  • Current rents trail the submarket, providing a near-term mark-to-market opportunity.
  • 100% leased to eight tenants across ~55,000 sf with steady cash flow.
  • Generates positive cash flow today while preserving the upside of future redevelopment.

OVERVIEW

This property represents a unique industrial investment opportunity on the edge of Oakville Triangle. For industrial and cash-flow investors, the portfolio is 100% occupied across nearly 55,000 sf, with a diverse and stable tenant roster generating reliable income. Current rents average well below market, offering immediate mark-to-market upside. The site sits directly adjacent to the transformative Oakville Triangle development, where Bozzuto delivered over 570 multifamily units, a 93,000 sf Inova Healthplex, and high-end retail anchored by Founding Farmers all within walking distance of Virginia Tech’s $1 billion Innovation Campus, and the new Potomac Yard Metro Station. This is one of the last remaining infill industrial parcels in the area not already committed to redevelopment. With very high demand in this sub-market for a dwindling asset class, this portfolio represents a truly special opportunity for the right buyer.

ASK ABOUT THIS PROPERTY

Jonathan HippCalkain Realty Advisors, Inc.More Info
703-787-4714

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Jonathan HippCalkain Realty Advisors, Inc.More Info
703-787-4714

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