6400 Grovedale Dr - Medical FOR SALE


Franconia, VA 22310
$5,500,000 USD
703-994-7510
6400 Grovedale Dr, Franconia, VA for Sale
$5,500,000 USD
Medical - FOR SALE
1/10
null | 7.38% Cap Rate

6400 Grovedale Dr
Franconia, VA 22310


HIGHLIGHTS

  • Stable Income Asset: Located in a dense Alexandria submarket with long-term demand for service-based uses, supporting consistent performance.
  • Established Tenant Base: Anchored by The New Story School and Crescent Counseling, both providing essential educational and behavioral-health services
  • Strong Lease Durability: Renewal options and long-term tenancy contribute to predictable cash flow and overall stability.
  • Flexible C-2 Zoning: Broad commercial and institutional uses allowed, keeping the property attractive to a wide range of operators.
  • High-Density, Accessible Location: Proximity to major transportation corridors enhances tenant desirability and long-term viability.
  • Low-Volatility Investment: 100% occupancy and a 7.38% cap rate create a reliable, resilient investment profile in Northern Virginia.

OVERVIEW

6400 Grovedale Drive is a stable, income-producing asset in a dense and highly sought-after pocket of Alexandria. The property is anchored by two strong, mission-driven tenants—The New Story School and Crescent Counseling—both delivering essential educational and behavioral-health services with steady demand and long-term relevance in the market. Their presence contributes to consistent occupancy and reliable cash flow. The site is zoned C-2, allowing a wide range of commercial, institutional, and service-oriented uses that continue to draw operators seeking accessible, well-located space. This zoning flexibility, paired with the area’s strong population density, supports ongoing tenant stability and low vacancy risk. For investors seeking dependable returns and alignment with growing service-based industries, 6400 Grovedale Drive offers a compelling, low-volatility opportunity in one of Northern Virginia’s most resilient submarkets.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

7.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grovedale Executive Office Park - Building A

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C-2

APN/PARCEL ID

0813-05-A1

ASK ABOUT THIS PROPERTY

Joe SerafinSerafin Real EstateMore Info
703-994-7510

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Joe SerafinSerafin Real EstateMore Info
703-994-7510

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