Grovedale Investment Portfolio Office FOR SALE


Franconia, VA
$10,890,000 USD
703-994-7510
, Franconia, VA for Sale
$10,890,000 USD
Office - FOR SALE
1/20
null | 7.25% Cap Rate

Grovedale Investment Portfolio
Franconia, VA


HIGHLIGHTS

  • Total Building Area: ±36,341 SF across two buildings
  • Combined NOI: $789,135
  • Total Lot Size: ±2.78 acres
  • Total Units: 12 tenant suites across both buildings
  • Cap Rate: 7.25% based on in-place income
  • Zoning: C-2 – Medical/Dental/Professional Office

OVERVIEW

Serafin Real Estate proudly presents the opportunity to acquire a two-building medical and professional office portfolio located within the Grovedale Executive Office Park in Alexandria, VA. Totaling 36,341 SF across two Class B buildings, the portfolio is anchored by long-term tenants including New Story Schools, Heartland Dental, Prism Vision Group, and Crescent Counseling. Together, the properties offer a stabilized income stream with a weighted average occupancy of 96% and a combined NOI exceeding $789,000. Positioned just minutes from I-95, the Capital Beltway, and the Springfield Metro, this portfolio benefits from exceptional accessibility and strong tenant demand within the DC Metro’s Franconia-Springfield submarket. Both assets are zoned C-2, offering future flexibility for medical, professional, and service-based tenancy. With high visibility, ample parking, and a strong demographic profile in Alexandria’s 22310 zip code, this is a rare opportunity for investors to acquire scale in a highly resilient and supply-constrained office market.

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 Policy.