For Sale
$1,299,000

6716 Whittier Ave Mclean, VA 22101

Prime Corner Location, High NOI

Overview

Added:
Feb 3
Days on market:
81
This exceptional mixed-use property at 6716 Whittier Avenue in McLean, Virginia presents a compelling investment opportunity. Boasting a total area of 2,200 square feet, this building benefits from a highly desirable corner location, ensuring maximum visibility and accessibility. The strategic positioning allows for strong tenant attraction and retention, a key factor in maximizing return on investment. The property features dual access points, enhancing convenience for both occupants and customers. Financially, this property demonstrates significant potential. Annual rental income is projected at $120,000, offset by annual expenses totaling $12,360. This includes a yearly HOA fee of $1,560 and property taxes of $10,800. This results in a substantial net operating income (NOI) of $107,640 per year. The building's prime location and strong financial performance make it an attractive prospect for investors seeking a stable and profitable addition to their portfolio. This is a rare opportunity to acquire a well-situated mixed-use property in the thriving McLean market. The combination of high visibility, dual access, and strong financial projections makes this an exceptional investment opportunity.

Property Details for 6716 Whittier Ave

Property type
Mixed-use properties
Square Feet
2,200 SF
Year Built
1981

Location Insight

City
Mclean
County
Fairfax
State
Virginia
Latitude
38.93188
Longitude
-77.17571

FAQs

What type of property is this?
Mixed-use property - Prime Corner Location, High NOI
Where is the mixed-use property located?
The property is located at 6716 Whittier Ave Mclean, VA.
What is the asking price?
The asking price for this property is $1,299,000.
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6716 Whittier Ave
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