Avison Young is pleased to present the exclusive offering of 5519 Franconia Road, a freestanding, single-story retail banking facility formerly operated as a Burke & Herbert Bank branch in Alexandria, Virginia. The property represents a rare opportunity to acquire a well-positioned, owner-user or investment-grade commercial asset in one of the Washington, D.C. metro area’s most stable suburban markets.
The branch was closed as part of a strategic consolidation plan. The Franconia Road location was one of the bank’s strong performers, having maintained approximately $100 million in deposits at the time of closure. This speaks directly to the quality of the surrounding consumer base and the location’s long-term viability for a wide range of retail, financial, and service uses.
The property occupies a corner lot at Franconia Road and Edison Drive, two well-traveled arterials that serve the surrounding residential neighborhoods and connect directly to I-495. The immediate area features a wide variety of commercial and residential development, with convenience retail, financial services, food and beverage, and multifamily housing all within close proximity. Interstate 495 is just 1.5 miles to the north, providing regional access and ensuring a broad and captive consumer base.