503 Maple Ave W - Retail FOR SALE


Vienna, VA 22180
$1,195,000 USD
973-668-9808
503 Maple Ave W, Vienna, VA for Sale
$1,195,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

503 Maple Ave W
Vienna, VA 22180


HIGHLIGHTS

  • Rare end unit ownership opportunity on Vienna’s Maple Avenue corridor
  • Highly visible location within a busy shopping center
  • Beautiful spa and wellness buildout with strong appeal for future owner users
  • Ideal for spa, med spa, salon, beauty, wellness, medical aesthetics, or boutique service users
  • Existing lease has approximately three years remaining with no renewal option
  • In place tenancy provides interim income and a defined future occupancy window

OVERVIEW

503 Maple Avenue presents a rare opportunity to acquire a highly visible end unit along Vienna’s Maple Avenue corridor. The property is beautifully built out as a spa and wellness space and is especially well suited for a future spa, med spa, salon, beauty, wellness, medical aesthetics, or boutique service user seeking long term ownership in one of Northern Virginia’s most established retail corridors. The property is currently leased with approximately three years remaining and no renewal option. The in place rent is below current market levels, so the offering is best understood as a future owner occupant opportunity rather than a traditional yield driven investment. The existing tenancy provides interim income while allowing a buyer to plan ahead for future occupancy and long term control of the location.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Green Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

C

APN/PARCEL ID

0383-38-A9

ASK ABOUT THIS PROPERTY

Brian Perry CCIMeXp CommercialMore Info
973-668-9808

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Brian Perry CCIMeXp CommercialMore Info
973-668-9808

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